DividendJul 16, 2026, 05:36 PM
Telefonica Brasil Fiscal Council Approves R$500M IoC Proposal
AI Summary
Telefonica Brasil's Fiscal Council unanimously approved a proposal for the declaration of Interest on Capital (IoC). The proposed gross amount is R$500,000,000.00, with a net amount of R$412,500,000.00 after tax. Shareholders on record as of July 27, 2026, will be eligible, and the payment is scheduled by April 30, 2027. This IoC will be allocated towards the mandatory minimum dividend for the fiscal year ending December 31, 2026.
Key Highlights
- Fiscal Council approved proposal for Interest on Capital (IoC) declaration.
- Gross IoC amount proposed is R$500,000,000.00.
- Net IoC amount proposed is R$412,500,000.00 after withholding tax.
- Gross IoC per share is R$0.156464828562, net R$0.129083483561.
- Shareholders of record on July 27, 2026, will receive the IoC credit.
- Payment of IoC will be made by April 30, 2027.
- Net IoC will be allocated to the mandatory minimum dividend for fiscal year 2026.
Price Impact
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