Dividends

According to Article 24 of our Bylaws, after deductions and statutory provisions (legal reserve and/or contingency reserve), as well as possible participation in company profits from employees and managers, at least 25% of the remaining net income balance, for each fiscal year, will be dedicated to the payment of the minimum mandatory dividend.

Cash Dividends

Period Type Approval Date Ownership Position Date Gross Amount (R$) Gross DPS (R$) Beginning Of Payment
2018 Dividend AGM - Apr. 24, 2019 Apr. 29, 2019 648,046.00 0.056265896 May 21, 2019
2017 IOC BDM - Feb. 28, 2018 Mar. 5, 2018 2,085,410.38 0.186060883 May 21, 2018
2016 IOC BDM - Mar. 22, 2017 Mar. 27, 2017 1,057,611.76 0.094532569 May 22, 2017
1S16 IOC BDM - Aug. 24, 2016 Aug. 29, 2016 1,256,404.84 0.112250132 Set. 12, 2016
2015 Dividend BDM - Mar. 15, 2016 Apr. 29, 2016 10,862.33 0.000970466 May 11, 2016
IOC 1,133,579.97 0.101276672
2H15 IOC BDM - Dec. 9, 2015 Dec. 11, 2015 1,268,563.82 0.112477256 Dec. 23, 2015
1H15 IOC BDM - Sep. 24, 2015 Oct. 9, 2015 1,310,891.58 0.115760162 Oct. 22, 2015
2014 Dividend AGM - Apr. 30, 2015 May 8, 2015 101,375.83 0.008949135 May 22, 2015
IOC 2,977,454.24 0.262840171
2013 IOC AGM - Apr. 30, 2014 May 2, 2014 1,783,791.13 0.153103251 May 21, 2014