RIO DE JANEIRO, Oct 30- Vale posted a surprise $1.44 billion loss, and its shares tumbled to a 5-1/ 2- year low as investors worried about the cost of the Brazilian miner's expansion plans and a possible cut to its dividend in a new era of lower iron ore prices. Vale SA cited low iron ore prices and a weak local currency for the third-quarter loss. Vale is attempting to...» Read More
Nucor Corp. is one of the largest steel producers in the US, and pays a healthy four percent yield, says Mad Money's Jim Cramer. Discussing what's ahead for the steelmaker, with Dan DiMicco, Nucor CEO.
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We pulled together a list of Jim Cramer's favorite dividend plays. Read on and pick one or two for your portfolio.
In this market, you need names that pay dividends, Cramer says, and this stock is one on his buy list.
Nucor Corporation is a best of breed steel maker with a juicy dividend, says Mad Money's Cramer. This is a classic cyclical stock that's paying investors to wait for things to get better, and it belongs in your portfolio.
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