Business · Companies · 2 hrs ago
Telefônica Brasil approves R$450 million in shareholder interest payments
Telefônica Brasil approved R$450 million in interest on equity on October 14.
The company owns Vivo and is listed in Brazil as VIVT3.
After 17.5% tax withholding, the total payment will be R$371.25 million, or about R$0.116 per share.
Shareholders must hold shares on October 26, 2026, to qualify for the payment.
The amount is based on the company’s balance sheet as of September 30, 2026.
The company plans to pay shareholders by April 30, 2027, with the exact date still to be set by its board.
Telefônica Brasil approved R$450 million in gross interest on equity payments to shareholders.
After 17.5% withholding tax, the net amount will be R$371.25 million.
Shareholders must hold shares on October 26, 2026, to be eligible.
The payment is due by April 30, 2027, with the date to be set by the company’s board.
The calculation takes into account the company’s balance sheet as of September 30, 2026.
- Who
- Telefônica Brasil, the owner of Vivo.
- What
- It approved R$450 million in gross interest on equity payments to shareholders.
- When
- The approval was announced on October 14, 2026. Payment is due by April 30, 2027.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Telefônica Brasil approved the interest on equity payment.
Shareholders must hold shares on this date to qualify for the payment.
The company is due to make the payment, with the specific date to be set by its board.
- Gross payment
- R$450 million
- Net payment
- R$371.25 million
- Withholding tax
- 17.5%
- Shareholder eligibility date
- October 26, 2026
- Payment deadline
- April 30, 2027