Inter & Co Finalizes Cash Dividend Payment Details for BDR Holders
summarizeSummary
Inter & Co, Inc. has provided final details for its cash dividend payment to Brazilian Depositary Receipt (BDR) holders, including the exchange rate, tax deductions, and the net amount payable per BDR.
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Finalized Dividend Details
The company announced the final cash dividend amount of USD 0.113101823 per common share, with each BDR corresponding to one common share.
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BDR Payment Amount Confirmed
After applying an exchange rate of BRL 5.2337 per USD 1.00 and a 0.38% financial transaction tax (IOF), the net dividend payable to BDR holders is BRL 0.589692558 per BDR.
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Payment Date Set
The dividend payment date for BDR holders is confirmed for March 13, 2026.
auto_awesomeAnalysis
This 6-K filing provides the definitive details for the cash dividend payment to holders of Inter & Co's Brazilian Depositary Receipts (BDRs), following the initial announcement on February 11, 2026. It specifies the exchange rate used for conversion from USD to BRL, the financial transaction tax (IOF) applied, and the final net dividend amount payable per BDR. This information is crucial for BDR holders to understand the exact value and timing of their dividend distribution, representing a positive capital return to shareholders.
At the time of this filing, INTR was trading at $8.02 on NASDAQ in the Finance sector, with a market capitalization of approximately $3.5B. The 52-week trading range was $4.86 to $10.36. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.