Telefonica Brasil (VIV) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Telefônica Brasil S.A. has announced the approval of a significant Interest on Capital payment totaling R$650 million, with a net value of R$552.5 million post-tax, set to be distributed to shareholders by April 30, 2025. Shareholders must hold their positions by July 26, 2024, to be eligible for the payment, which will be considered as part of the mandatory dividends for the fiscal year.
For further insights into VIV stock, check out TipRanks’ Stock Analysis page.
