Telefônica Brasil Declares Multi-Million Capital Interest
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Telefônica Brasil Declares Multi-Million Capital Interest

Telefonica Brasil (VIV) has released an update.

Telefônica Brasil S.A. has announced the approval of a significant Interest on Capital payment totaling R$650 million, with a net value of R$552.5 million post-tax, set to be distributed to shareholders by April 30, 2025. Shareholders must hold their positions by July 26, 2024, to be eligible for the payment, which will be considered as part of the mandatory dividends for the fiscal year.

For further insights into VIV stock, check out TipRanks’ Stock Analysis page.

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