Telefonica Brasil ( (VIV) ) just unveiled an announcement.
On April 1, 2025, Telefônica Brasil S.A. announced that its Board of Directors approved the declaration of Interest on Capital (IoC) amounting to R$240 million, with a net amount of R$204 million after withholding tax. This declaration is based on the balance sheet as of February 28, 2025, and will be considered part of the mandatory dividends for the fiscal year ending December 31, 2025. The IoC will be paid to shareholders based on their holdings as of April 11, 2025, with payment scheduled by April 30, 2026. This move reflects the company’s commitment to returning value to its shareholders.
More about Telefonica Brasil
Telefônica Brasil S.A., operating as Telefonica Brazil, is a leading telecommunications company in Brazil, providing a wide range of services including mobile and fixed-line telephony, broadband, and digital services. The company is focused on enhancing connectivity and digital solutions in the Brazilian market.
YTD Price Performance: 24.05%
Average Trading Volume: 877,809
Technical Sentiment Signal: Strong Sell
Current Market Cap: $14.2B
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