DividendOct 14, 2026, 05:21 PM
Telefônica Brasil Declares R$450M Dividend; Payment by April 2027
AI Summary
Telefônica Brasil S.A. announced that its Board of Directors approved the declaration of interest on capital (IoC) amounting to R$450,000,000.00 gross, or R$371,250,000.00 net of withholding income tax. The IoC per share is R$0.140818345702 gross and R$0.116175135201 net. Shareholders will receive the IoC based on their holdings as of October 26, 2026. This amount will be allocated to the mandatory minimum dividend for the fiscal year ending December 31, 2026, with payment expected by April 30, 2027.
Key Highlights
- Telefônica Brasil S.A. Board approved declaration of interest on capital (IoC) of R$450,000,000.00 gross.
- Net IoC amount is R$371,250,000.00 after withholding income tax.
- Gross IoC per share is R$0.140818345702; net IoC per share is R$0.116175135201.
- IoC credit will be based on shareholding position at end of October 26, 2026.
- Shares will be considered 'ex-IoC' after October 26, 2026.
- Net IoC will be allocated to the mandatory minimum dividend for fiscal year ending December 31, 2026.
- Payment of IoC proceeds is expected by April 30, 2027.
Price Impact
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