Companhia De Saneamento (SBS) has released an update.
Companhia de Saneamento Básico do Estado de São Paulo – SABESP has announced it will pay interest on equity totaling R$ 984.5 million to its shareholders, equating to R$ 1.4404 per common share, with the payment to be made on June 24, 2024. Shareholders must provide relevant tax documentation by May 10, 2024, to avoid withholding income tax on the distribution. Additionally, this payment will be considered part of the mandatory minimum dividend as stipulated in the company’s bylaws.
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