Bradesco declares R$3B interim interest payout
Banco Bradesco S.A. approved payment of interim interest on shareholders’ equity totaling R$3,000,000,000.00.
Rhea-AI Filing Summary
Banco Bradesco S.A. approved payment of interim interest on shareholders’ equity totaling R$3,000,000,000.00. The gross amounts are R$0.270307744 per common share and R$0.297338519 per preferred share. Shareholders of record on April 6, 2026 are entitled, with shares trading ex-rights from April 7, 2026.
Net of the 17.5% withholding income tax, the payment will be up to October 30, 2026 at R$0.223003889 per common share and R$0.245304278 per preferred share, except for exempt legal-entity shareholders who receive the gross amount. The interim interest corresponds to about 15.7 times the monthly net interest usually paid and will be included in calculating mandatory dividends for the year.
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Insights
Bradesco announces a large interim interest-on-equity payout that supplements its regular monthly distributions.
Bradesco is distributing R$3,000,000,000.00 as interim interest on shareholders’ equity, with per-share amounts specified for common and preferred stock. In Brazil, this instrument functions similarly to a dividend but has distinct tax treatment, which is why the filing highlights gross and net figures.
Net payments per share reflect a 17.5% withholding tax for most investors, while exempt legal entities receive the full declared amounts. The bank notes that this interim interest is about 15.7 times its usual monthly net interest payments and will count toward mandatory dividends under its bylaws, signaling an additional cash return without altering the stated dividend framework.
FAQ
What interim interest on equity did Banco Bradesco (BBD) approve in March 2026?
What are the key record and ex-rights dates for Banco Bradesco’s March 2026 interim interest?
When will Banco Bradesco (BBD) pay the approved interim interest on equity?
How does Banco Bradesco’s March 2026 interim interest compare to its usual monthly interest payments?
AI-generated analysis. How Rhea-AI works. Not financial advice.
