An announcement from Telefonica Brasil ( (VIV) ) is now available.
On March 13, 2025, Telefônica Brasil’s Board of Directors approved a statement of interest on equity (IoC) based on the balance sheet of February 28, 2025. The gross amount approved was R$200 million, with R$170 million net of income tax, translating to a gross value of R$0.12337750073 per common share. This decision is part of the company’s strategy to allocate IoC credit to shareholders based on their shareholding position as of March 24, 2025, with payments contributing to the mandatory dividend for the fiscal year ending December 31, 2025. This move is expected to impact shareholder returns positively and reflects the company’s commitment to maintaining shareholder value.
More about Telefonica Brasil
Telefônica Brasil S.A., operating under the brand name Vivo, is a leading telecommunications company in Brazil. It provides a wide range of services including mobile and fixed-line telephony, broadband, and pay television, focusing on enhancing digital connectivity across the country.
YTD Price Performance: 15.88%
Average Trading Volume: 912,092
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $13.76B
See more data about VIV stock on TipRanks’ Stock Analysis page.