Petrobras to Distribute R$ 20 Billion in Dividends

Date:

https://www.tipranks.com/news/company-announcements/petrobras-to-distribute-r-20-billion-in-dividends

Petroleo Brasileiro SA- Petrobras (PBR) has released an update.

Petrobras has announced an extraordinary dividend payout of R$ 20 billion, approximately R$ 1.55 per share, which will be distributed to shareholders in December 2024. This decision aligns with the company’s Shareholder Remuneration Policy, ensuring financial sustainability while rewarding investors. Shareholders of Petrobras can expect their payments by December 23, 2024, for B3-listed shares, while ADR holders will receive theirs starting January 3, 2025.

For further insights into PBR stock, check out TipRanks’ Stock Analysis page.

Share post:

Popular

More like this
Related

Rich nations raise COP29 climate finance offer in bid to rescue stalled talks

Rich countries negotiating support for developing countries at COP29...

Serie A | Milan 0-0 Juventus: San Siro stalemate hits Scudetto hopes

Khephren Thuram’s curler was straight at Mike Maignan and...

Phillip Hughes: depth of loss even 10 years on speaks to the cricketer he was | Jonathan Horn

That day, that week, that helpless, hopeless fortnight comes...

Enzo Maresca forced this Chelsea star out, now he’s got more assists than their other attackers put together

Arsenal’s Raheem Sterling is outshining Chelsea forwardsSterling’s assist against...