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Dividends

According to Article 24 (c) of our Bylaws, at least 25% of our net income remaining after the allocations to reserves of capital and contingencies shall be allocated to the minimum mandatory dividend, which could be paid by interest on own capital (IOC).

Cash Dividends

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