Petrobras declares R$12.16B interim dividends, R$0.9432/share
Petrobras approved interim dividends of R$ 12.16 billion, equal to R$ 0.94320755 per common and preferred share, as an advance on 2025 shareholder remuneration based on the September 30, 2025 balance sheet.
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Rhea-AI Filing Summary
Petrobras approved interim dividends of R$ 12.16 billion, equal to R$ 0.94320755 per common and preferred share, as an advance on 2025 shareholder remuneration based on the September 30, 2025 balance sheet.
The payment will occur in two installments: R$ 0.47160378 per share on February 20, 2026 and R$ 0.47160377 per share on March 20, 2026. Record dates are December 22, 2025 for shares on B3 and December 26, 2025 for ADRs on the NYSE; Petrobras shares trade ex-rights on B3 starting December 23, 2025. ADR holders receive payments as of February 27, 2026 and March 27, 2026.
The company states this is in line with its policy to distribute 45% of free cash flow when gross debt is at or below the maximum level in its Strategic Plan and notes the distribution does not compromise its financial sustainability. The form of distribution (dividends and/or interest on equity) will be defined by December 11, 2025. Installment values will be updated by the Selic rate from December 31, 2025 until each payment, and any interest on equity would be subject to income tax under current law. The amount will be deducted from the remuneration to be approved at the 2026 AGM for fiscal year 2025.
Insights
Interim dividend of R$12.16B set, paid in two 2026 tranches.
Petrobras declared interim dividends totaling R$12.16B, or R$0.94320755 per share, based on the balance sheet of September 30, 2025. The company states the decision aligns with its policy to distribute 45% of free cash flow when gross debt is within the Strategic Plan limit and says the distribution does not compromise financial sustainability.
Payments are scheduled in two equal tranches: R$0.47160378 on February 20, 2026 and R$0.47160377 on March 20, 2026. Record dates are December 22, 2025 (B3) and December 26, 2025 (ADRs), with ex-rights on B3 from December 23, 2025. ADR payment dates are as of February 27, 2026 and March 27, 2026.
The form (dividends and/or interest on equity) will be defined by December 11, 2025, and amounts will be updated by the Selic rate from December 31, 2025 until each payment; interest on equity would be subject to income tax under current law. Overall tone is administrative and consistent with policy.
FAQ
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What interim dividend did Petrobras (PBR) announce?
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When will ADR holders receive the payments?
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Will the dividend amounts change before payment?
Will the distribution be dividends or interest on equity (JCP)?
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private
Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of November, 2025
Commission File Number 1-15106
PETRÓLEO BRASILEIRO S.A. – PETROBRAS
(Exact name of registrant as specified in its charter)
Brazilian Petroleum Corporation – PETROBRAS
(Translation of Registrant's name into English)
Avenida Henrique Valadares, 28 – 9th floor
20231-030 – Rio de Janeiro, RJ
Federative Republic of Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
Petrobras informs about shareholder
remuneration
—
Rio de Janeiro, November 6, 2025 – Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors (CA), in a meeting held today, approved the payment of interim dividends in the amount of R$ 12.16 billion, equivalent to R$ 0.94320755 per common and preferred share in circulation, as an anticipation of the remuneration to shareholders related to the fiscal year 2025, declared based on the balance sheet of September 30, 2025.
The proposed payment is in line with the current Shareholder Remuneration Policy (Policy), which stipulates that, in the event of gross debt equal to or less than the maximum debt level defined in the current Strategic Plan, and subject to the other conditions of the Policy, Petrobras must distribute 45% of free cash flow to its shareholders. This distribution does not compromise the financial sustainability of the company.
The dividends will be paid in two installments in February and March 2026, as follows:
Amount to be paid: R$ 0.94320755 per common and preferred share in circulation, as follows:
(i) the first installment, in the amount of R$ 0.47160378 per common and preferred share in circulation, will be paid on February 20, 2026.
(ii) the second installment, in the amount of R$ 0.47160377 per common and preferred share in circulation, will be paid on March 20, 2026.
Record date: December 22, 2025, for holders of Petrobras shares traded on B3, and record date on December 26, 2025, for holders of ADRs traded on the New York Stock Exchange (NYSE). Petrobras shares will be traded ex-rights on B3 starting December 23, 2025.
Payment date: for holders of Petrobras shares traded on B3, the payment of the first installment will be on February 20, 2026, and the payment of the second installment will be on March 20, 2026. Holders of ADRs will receive the payments as of February 27, 2026, and as of March 27, 2026, respectively.
Form of distribution: the definition of the form of distribution (whether in the form of dividends and/or interest on equity) will occur until December 11, 2025, and will be timely communicated to the market.
It's important to notice that the values of each installment will be updated by the variation of the Selic rate from December 31, 2025, until the date of each payment; and in case of payment in the form of interest on equity (JCP), income tax will apply, according to current legislation. Finally, these dividends amount will be deducted from the remuneration to shareholders to be approved at the 2026 Annual General Meeting related to the fiscal year 2025.
The Shareholder Remuneration Policy can be accessed on the IR company's website (http://www.petrobras.com.br/ri).
www.petrobras.com.br/ir
For more information:
PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor Relations
Email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br
Av. Henrique Valadares, 28 – 9th floor – 20231-030 – Rio de Janeiro, RJ.
Tel.: 55 (21) 3224-1510/9947
This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: November 6, 2025
PETRÓLEO BRASILEIRO S.A–PETROBRAS
By: /s/ Fernando Sabbi Melgarejo
______________________________
Fernando Sabbi Melgarejo
Chief Financial Officer and Investor Relations Officer