Telefônica Brasil Declares R$400M Interest on Capital
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Telefônica Brasil Declares R$400M Interest on Capital

Telefonica Brasil (VIV) has released an update.

Telefônica Brasil S.A. has announced a decision by its Fiscal Council to declare Interest on Capital (IoC) for shareholders totaling R$400 million gross, with a net of R$340 million after taxes. The per share IoC gross amount is R$0.24359217033, with a net of R$0.20705334478 post-tax, to be recorded based on shareholder positions as of August 26th, 2024. Payment is expected by April 30th, 2025, with the exact date to be determined by the Executive Board.

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

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