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Telefônica Brasil Approves R$180 Million Interest on Equity
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Telefônica Brasil Approves R$180 Million Interest on Equity

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Telefonica Brasil ( (VIV) ) just unveiled an announcement.

On February 13, 2025, Telefônica Brasil’s Board of Directors held its 483rd meeting, during which they approved a proposal for a statement of interest on equity (JSCP) based on the January 31, 2025 balance sheet. The gross amount approved was R$180,000,000.00, translating to a net amount of R$153,000,000.00 after taxes, which will be distributed to shareholders based on their positions by February 24, 2025. This decision, impacting shareholders, specifies that the net value will contribute to the mandatory dividend for the fiscal year ending December 2025, with payment scheduled by April 2026.

More about Telefonica Brasil

Telefônica Brasil S.A., operating as Telefônica Brazil, is a publicly held company based in São Paulo, Brazil. It is part of the telecommunications industry, primarily providing mobile and fixed-line telephony services, internet, and pay-TV services across Brazil.

YTD Price Performance: 18.95%

Average Trading Volume: 932,037

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $14.72B

Learn more about VIV stock on TipRanks’ Stock Analysis page.

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