Telefônica Brasil Board Approves R$600M Interest on Capital Payment
VIV sits 50% above its 52-week low of $9.411.
Summary
Telefônica Brasil's Board of Directors approved a R$600 million Interest on Capital payment, which will count towards the 2026 mandatory minimum dividend and be paid by April 30, 2027.
Key Events · Financing and Capital Events · VIV
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Board Approves R$600M Interest on Capital
The Board of Directors approved a gross R$600,000,000.00 (R$495,000,000.00 net) Interest on Capital (IoC) payment, based on the balance sheet of April 30, 2026.
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IoC Per Share Details
The gross IoC per share is R$0.18775779427, with a net amount of R$0.15490018027 per share after income tax.
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Record and Payment Dates Set
Shareholders on record as of May 27, 2026, will be eligible for the payment, with shares trading ex-IoC thereafter. Payment will be made by April 30, 2027.
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Allocation to Mandatory Dividend
The net IoC amount will be allocated to the mandatory minimum dividend for the fiscal year ending December 31, 2026.
Analysis · VIV · Technology
The Board of Directors has formally approved a R$600 million Interest on Capital (IoC) payment, which will be allocated to the mandatory minimum dividend for fiscal year 2026. This approval solidifies a significant return of capital to shareholders, following an earlier proposal from the Fiscal Council on the same day. The payment is scheduled for distribution by April 30, 2027, with the record date set for May 27, 2026.
At the time of this filing, VIV was trading at $14.15 on NYSE in the Technology sector, with a market capitalization of approximately $22.8B. The 52-week trading range was $9.41 to $17.26. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.