Petrobras to Distribute R$ 20 Billion in Dividends

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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.

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