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Telefonica Brasil ( (VIV) ) has shared an update.
On April 13, 2026, Telefônica Brasil’s Fiscal Council met remotely and unanimously endorsed a proposal to declare R$365 million in interest on capital based on the March 31, 2026 balance sheet, equivalent to a gross R$0.11421932485 per share, subject to tax and potential adjustment due to the company’s share buyback program. The interest on capital will accrue to shareholders of record at the close of April 27, 2026, be treated as part of the mandatory minimum dividend for the 2026 fiscal year, and is scheduled for payment by April 30, 2027, signaling the company’s continued commitment to shareholder returns within Brazil’s tax-efficient distribution framework.
The Fiscal Council of Telefônica Brasil approved a R$365 million interest-on-capital proposal on April 13, 2026, tied to the March 31, 2026 balance sheet and a record date of April 27, 2026. These proceeds will count toward the company’s 2026 mandatory dividend and are expected to be paid by April 30, 2027, reinforcing a stable payout policy for investors.
The most recent analyst rating on (VIV) stock is a Hold with a $15.30 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., which operates as Telefônica Brazil, is a publicly held telecommunications company based in São Paulo and part of the global Telefónica group. It provides fixed and mobile telecom services, data, and digital solutions across Brazil, targeting both retail and corporate customers in one of Latin America’s largest communications markets.
Average Trading Volume: 985,295
Technical Sentiment Signal: Buy
Current Market Cap: $26.92B
For detailed information about VIV stock, go to TipRanks’ Stock Analysis page.