Telefônica Brasil Fiscal Council Proposes Substantial R$600M Interest on Capital
VIV sits 50% above its 52-week low of $9.411.
Summary
Telefônica Brasil's Fiscal Council proposed a substantial R$600 million Interest on Capital payment, continuing its strong commitment to shareholder returns.
Key Events · Financing and Capital Events · VIV
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Significant Interest on Capital Proposed
The Fiscal Council unanimously approved a proposal for a gross R$600,000,000.00 Interest on Capital payment, corresponding to R$0.18775779427 per share.
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Shareholder Record Date
The IoC will be credited to shareholders on record as of May 27, 2026, after which shares will trade ex-IoC.
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Payment Scheduled
The net IoC amount will be allocated to the mandatory minimum dividend for fiscal year 2026 and is scheduled for payment by April 30, 2027.
Analysis · VIV · Technology
The Fiscal Council has unanimously proposed a significant R$600 million (gross) Interest on Capital payment, equivalent to R$0.18775779427 per share. This substantial capital return, if approved by the Board, will be credited to shareholders by May 27, 2026, and paid by April 30, 2027. This move reinforces the company's consistent strategy of returning value to shareholders, following recent similar announcements.
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 8 out of 10.