Telefônica Brasil Declares R$500 Million Interest on Capital Payment
VIV sits 29% above its 52-week low of $10.79.
Summary
Telefônica Brasil declared a R$500 million Interest on Capital payment, with a net per-share amount of R$0.129 after 17.5% withholding tax, payable by April 2027.
Key Events · Earnings and Guidance · VIV
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R$500M IoC Declared
Board approved a gross Interest on Capital of R$500 million, net R$412.5 million after 17.5% withholding tax, based on June 30, 2026 balance sheet.
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Per-Share Payout
Gross amount per share is R$0.15646482856, net R$0.12908348356 after tax; record date July 27, 2026, payment by April 30, 2027.
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Part of Mandatory 2026 Dividends
The IoC will be considered part of mandatory dividends for fiscal year 2026, subject to shareholder approval at the 2027 AGM.
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Shareholder Return Trend
Follows R$4.0B capital reduction and R$600M IoC in May 2026, underscoring robust cash generation and distribution policy.
Analysis · VIV · Technology
The board approved a R$500 million Interest on Capital (IoC) payment, continuing the company's aggressive shareholder return strategy. This follows a R$4.0 billion capital reduction and R$600 million IoC in May, signaling strong cash generation and commitment to distributions. The IoC will be treated as part of mandatory 2026 dividends, providing visibility on future payouts.
At the time of this filing, VIV was trading at $13.90 on NYSE in the Technology sector, with a market capitalization of approximately $22.4B. The 52-week trading range was $10.79 to $17.26. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.