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
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