An announcement from Telefonica Brasil ( (VIV) ) is now available.
On March 31, 2025, Telefônica Brasil S.A.’s Fiscal Council held a meeting to approve the proposal for the declaration of Interest on Capital (IoC) based on the balance sheet of February 28, 2025. The approved gross amount of IoC is R$240 million, with a net amount of R$204 million after withholding income tax, which will be credited to shareholders based on their shareholding position as of April 11, 2025. This decision reflects the company’s commitment to shareholder returns and aligns with its financial strategies, with the net IoC amount contributing to the minimum mandatory dividend for the fiscal year ending December 31, 2025.
More about Telefonica Brasil
Telefônica Brasil S.A., operating as Telefonica Brazil, is a major player in the telecommunications industry, providing a wide range of services including mobile and fixed-line telephony, broadband, and digital solutions. The company is headquartered in São Paulo, Brazil, and focuses on delivering comprehensive communication services to both individual and corporate clients across the country.
YTD Price Performance: 24.05%
Average Trading Volume: 877,809
Technical Sentiment Signal: Strong Sell
Current Market Cap: $14.2B
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