DividendJun 16, 2026, 06:01 AM
Telefônica Brasil Board Approves R$230M Interest on Capital
AI Summary
Telefônica Brasil S.A.'s Board of Directors approved a proposal for the declaration of Interest on Capital (IoC) totaling R$230,000,000.00 gross, based on the balance sheet of May 31, 2026. The net amount, after a 17.5% withholding income tax, is R$189,750,000.00. Shareholders on record as of June 26, 2026, will be eligible for the payment, which is scheduled to be made by April 30, 2027, and will be allocated to the mandatory minimum dividend for the fiscal year ending December 31, 2026.
Key Highlights
- Board approved Interest on Capital (IoC) of R$230,000,000.00 gross.
- Net IoC amount is R$189,750,000.00 after 17.5% withholding tax.
- Gross IoC per share is R$0.071973821142.
- Net IoC per share is R$0.059378402441.
- Shareholders on record as of June 26, 2026, will receive the IoC.
- Shares will trade ex-IoC after June 26, 2026.
- Payment of IoC will be made by April 30, 2027.
- IoC will be allocated to the mandatory minimum dividend for fiscal year 2026.
Price Impact
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