DividendJul 16, 2026, 05:31 PM
Telefônica Brasil Declares R$500M Gross Interest on Capital
AI Summary
Telefônica Brasil S.A. announced that its Board of Directors approved the declaration of Interest on Capital (IoC) totaling R$500,000,000.00 gross. After a 17.5% withholding income tax, the net amount is R$412,500,000.00. Shareholders on record as of July 27, 2026, will be eligible, with payment to be made by April 30, 2027. The IoC will be considered part of the mandatory dividends for the fiscal year ending December 31, 2026.
Key Highlights
- Board approved Interest on Capital (IoC) of R$500,000,000.00 gross.
- Net amount of IoC is R$412,500,000.00 after 17.5% withholding tax.
- Gross amount per share is R$0.15646482856.
- Net amount per share is R$0.12908348356.
- Shareholding position for IoC will be based on July 27, 2026.
- Payment of IoC will be made by April 30, 2027.
- IoC will be considered part of mandatory dividends for fiscal year 2026.
Price Impact
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