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Telefônica Brasil Approves R$200 Million Interest on Capital

Story Highlights
  • Telefônica Brasil S.A. approved a R$200 million Interest on Capital on March 12, 2025.
  • The IoC will be credited to shareholders based on March 24, 2025, shareholding positions.
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Telefônica Brasil Approves R$200 Million Interest on Capital

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

On March 12, 2025, Telefônica Brasil S.A.’s Fiscal Council held a meeting where they approved a proposal for the declaration of Interest on Capital (IoC) based on the February 28, 2025 balance sheet. The gross amount declared was R$200 million, with a net amount of R$170 million after withholding income tax. This decision impacts shareholders as the IoC will be credited based on the shareholding position as of March 24, 2025, and will be included in the minimum mandatory dividend for the fiscal year ending December 31, 2025, with payments expected by April 30, 2026.

More about Telefonica Brasil

Telefônica Brasil S.A., also known as Telefonica Brazil, is a major telecommunications company based in São Paulo, Brazil. The company provides a range of services including mobile and fixed-line telephony, broadband, and digital services, focusing on the Brazilian market.

YTD Price Performance: 15.88%

Average Trading Volume: 912,092

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $13.76B

For an in-depth examination of VIV stock, go to TipRanks’ Stock Analysis page.

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