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The latest update is out from Telefonica Brasil ( (VIV) ).
On March 13, 2026, Telefônica Brasil’s Fiscal Council met remotely and unanimously endorsed a proposal to declare R$200 million in interest on capital based on the company’s February 28, 2026 balance sheet. The distribution, which will count toward the mandatory dividend for the 2026 fiscal year and is scheduled for payment by April 30, 2027, will be credited to shareholders of record at the close of trading on March 25, 2026, with shares trading ex-IOC thereafter and the exact payment date to be set by the executive board.
The proposed gross interest on capital corresponds to R$0.062585931421 per share, or R$0.05163339342 net of the standard 17.5% withholding tax, though the per-share amount may change due to the company’s ongoing share buyback program and potential tax treaty or exemption effects. By affirming that the plan complies with applicable legislation and integrating the payout into the future dividend obligation, the Fiscal Council signals continued commitment to shareholder remuneration and capital return within Brazil’s telecom sector.
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., also known as Telefónica Brazil, is a publicly held telecommunications operator based in São Paulo, providing mobile, fixed-line, broadband and related digital services across the Brazilian market. The company serves both consumer and corporate customers and is one of the country’s largest players in telecom infrastructure and connectivity solutions.
Average Trading Volume: 885,754
Technical Sentiment Signal: Buy
Current Market Cap: $24.81B
Learn more about VIV stock on TipRanks’ Stock Analysis page.