Telefônica Brasil Approves R$200 Million Interest on Capital Distribution

Telefonica Brasil ( (VIV) ) has shared an update.

On March 13, 2026, Telefônica Brasil’s board approved the distribution of R$200 million in interest on capital, based on the balance sheet dated February 28, 2026, corresponding to a net R$165 million after a standard 17.5% withholding tax. The payment, which will count toward mandatory 2026 dividends subject to approval at the 2027 shareholders’ meeting, will be calculated on the shareholding position as of March 25, 2026, with ex-IoC trading thereafter and disbursement due by April 30, 2027, reinforcing the company’s policy of returning cash to investors while allowing for per-share adjustments linked to its ongoing share buyback program.

The most recent analyst rating on (VIV) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on Telefonica Brasil stock, see the VIV Stock Forecast page.

Spark’s Take on VIV Stock

According to Spark, TipRanks’ AI Analyst, VIV is a Outperform.

The score is driven primarily by solid financial fundamentals (notably strong cash generation) and a constructive earnings-call outlook focused on cash conversion and shareholder returns. Technicals are supportive but overbought, and valuation is the main drag due to a relatively high P/E versus a moderate dividend yield.

To see Spark’s full report on VIV stock, click here.

More about Telefonica Brasil

Telefônica Brasil S.A., which operates under the Vivo brand, is a major Brazilian telecommunications provider offering mobile, fixed-line, broadband and digital services across the country. The company focuses on both consumer and corporate markets, positioning itself as a leading convergent telecom and data services operator in Brazil’s highly competitive communications sector.

Average Trading Volume: 885,754

Technical Sentiment Signal: Buy

Current Market Cap: $24.81B

For an in-depth examination of VIV stock, go to TipRanks’ Overview page.