Telefônica Brasil S.A. Declares R$1.2 Billion Interest on Capital
The latest update is out from Telefonica Brasil ( (VIV) ). Telefônica Brasil S.A.’s Fiscal Council unanimously approved a proposal to declare Interest on Capital (IoC) amounting to R$1,200,000,000.00 gross, which translates to R$1,020,000,000.00 net after withholding tax. This decision is based on the balance sheet as of November 30, 2024, and is aimed at being included in the minimum mandatory dividend for the fiscal year ending December 31, 2024. The IoC will be credited to shareholders record