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Telefônica Brasil S.A. Sets IoC Payment Date for 2024

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Telefônica Brasil S.A. Sets IoC Payment Date for 2024

The latest update is out from Telefonica Brasil ( (VIV) ).

Telefônica Brasil S.A. announced the payment date for Interest on Capital (IoC) declared in the third and fourth quarters of 2024, with payments scheduled for April 8, 2025. The total declared IoC amounts to R$2.25 billion, which will be credited towards the mandatory minimum dividend for the fiscal year ending December 31, 2024. This announcement reflects the company’s commitment to returning value to its shareholders, with implications for its financial strategy and investor relations.

More about Telefonica Brasil

Telefônica Brasil S.A. operates in the telecommunications industry, providing a range of services including mobile and fixed-line telephony, broadband, and digital services. The company is a major player in the Brazilian market, focusing on delivering comprehensive communication solutions to both individual and corporate clients.

YTD Price Performance: 18.82%

Average Trading Volume: 962,146

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $14.82B

Learn more about VIV stock on TipRanks’ Stock Analysis page.

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