[6-K] TELEFONICA BRASIL S.A. Current Report (Foreign Issuer)
Rhea-AI Filing Summary
Telefônica Brasil S.A. (VIV) set the payment date for Interest on Capital declared for the first quarter of 2025. The company will pay a total of R$ 380,000,000 in Interest on Capital on December 2, 2025, corresponding to a gross amount of R$ 0.23438598401 per share and a net amount of R$ 0.19922808641 per share. These amounts were approved by the Board of Directors on February 13, 2025 and March 13, 2025 and will be credited to shareholders of record as of February 24, 2025 and March 24, 2025, respectively. The net Interest on Capital will be imputed to the mandatory minimum dividend for the fiscal year ending December 31, 2025, subject to approval at the General Shareholders’ Meeting to be held in 2026.
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Insights
Telefônica Brasil confirms a sizable 2025 Interest on Capital payment with a fixed December 2, 2025 payout date.
Telefônica Brasil S.A. announced the payment logistics for previously declared 2025 first-quarter Interest on Capital, totaling
The company states that, under its bylaws, the net Interest on Capital will be imputed to the mandatory minimum dividend for the fiscal year ending on
Operationally, payments will be routed via Banco Bradesco S.A., either directly to registered bank accounts, through brokerage firms for custodial holdings, or at bank branches for other shareholders. The company also highlights that any unclaimed Interest on Capital after three years from the
FAQ
What did Telefônica Brasil S.A. (VIV) announce in this Form 6-K?
Telefônica Brasil S.A. announced the payment date and details for Interest on Capital declared in the first quarter of 2025, confirming how and when shareholders will receive these amounts.
How much Interest on Capital is Telefônica Brasil (VIV) paying for Q1 2025?
The company will pay a total of R$ 380,000,000 in Interest on Capital, corresponding to a gross amount of R$ 0.23438598401 per share and a net amount of R$ 0.19922808641 per share.
When will Telefônica Brasil (VIV) pay the Interest on Capital for the first quarter of 2025?
The payment date for both Interest on Capital declarations related to the first quarter of 2025 is December 2, 2025.
Which record dates apply to the 2025 Interest on Capital payments for Telefônica Brasil?
The Interest on Capital declared on February 13, 2025 applies to shareholders of record on February 24, 2025, and the amount declared on March 13, 2025 applies to shareholders of record on March 24, 2025.
How will Telefônica Brasil (VIV) shareholders receive the Interest on Capital payment?
Shareholders with a registered banking option at Banco Bradesco S.A. will receive direct deposits, those with shares in fiduciary custody will be paid through brokerage firms, and other shareholders may receive payment at Banco Bradesco branches upon presenting identification.
Will this Interest on Capital count toward Telefônica Brasil's 2025 mandatory dividend?
Yes. The company states that the net Interest on Capital will be imputed to the mandatory minimum dividend for the fiscal year ending December 31, 2025, subject to approval at the General Shareholders’ Meeting in 2026.
What happens if Telefônica Brasil's Interest on Capital is not claimed by shareholders?
Any Interest on Capital not claimed within three years from the December 2, 2025 payment date will prescribe and revert to the company, in accordance with Brazilian Law No. 6,404, Article 287.
