Telefônica Brasil Declares R$200 Million Interest on Capital

Telefonica Brasil ( (VIV) ) has issued an announcement.

On March 13, 2025, Telefônica Brasil S.A. announced that its Board of Directors approved the declaration of Interest on Capital (IoC) amounting to R$200 million, which will be distributed to shareholders based on the balance sheet dated February 28, 2025. This decision reflects the company’s commitment to returning value to its shareholders, with the net amount after tax deductions being R$170 million. The IoC will be considered part of the mandatory dividends for the fiscal year ending December 31, 2025, and will be paid by April 30, 2026. This move is significant for stakeholders as it underscores Telefônica Brasil’s financial health and its ongoing efforts to enhance shareholder value.

More about Telefonica Brasil

Telefônica Brasil S.A., operating under the brand name Vivo, is a leading telecommunications company in Brazil, providing a wide range of services including mobile and fixed telephony, broadband, and digital services. The company focuses on delivering high-quality connectivity solutions to its customers across the country.

YTD Price Performance: 15.88%

Average Trading Volume: 912,092

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $13.76B

For a thorough assessment of VIV stock, go to TipRanks’ Stock Analysis page.