Companhia De Saneamento (SBS) has released an update.
Companhia de Saneamento Básico do Estado de São Paulo – SABESP has established a Profit Allocation and Dividend Distribution Policy aimed at offering transparency and predictability of earnings to investors. The policy stipulates a minimum mandatory dividend of 25% of Adjusted Net Income and sets conditions for potential increases in dividend distribution based on financial performance indicators and the company’s commitment to sanitation service improvements in São Paulo. Dividends may also include interest on equity, subject to legal and fiscal considerations, aligning with corporate governance best practices.
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