Telefônica Brasil Declares R$500M Interest on Capital, Continuing Robust Shareholder Returns
VIV sits 29% above its 52-week low of $10.79.
Summary
Telefônica Brasil's board declared a R$500 million Interest on Capital payment, adding to a year of significant shareholder returns. The gross amount is R$0.156 per share, with a record date of July 27, 2026.
Key Events · Financing and Capital Events · VIV
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R$500M IoC Declared
Board approved a R$500 million Interest on Capital payment, gross R$0.156 per share, based on June 30, 2026 balance sheet.
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Shareholder Return Continues
This IoC follows a R$4.0 billion capital reduction and R$600 million IoC in May 2026, underscoring a strong capital return policy.
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Record Date July 27
Shareholders of record on July 27, 2026 will receive the IoC credit; shares trade ex-IoC after that date.
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Payment by April 2027
Net IoC of R$412.5 million (after 17.5% withholding tax) will be paid by April 30, 2027, allocated to the 2026 mandatory dividend.
Analysis · VIV · Technology
The board approved a R$500 million Interest on Capital (IoC) payment, equivalent to R$0.156 per share gross. This follows a series of substantial capital returns — a R$4.0 billion capital reduction and a R$600 million IoC in May — reinforcing the company's commitment to shareholder distributions. The IoC will be credited to shareholders of record on July 27, with payment by April 2027, and will count toward the 2026 mandatory dividend.
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.