Dividends and ISE

 

Unidas declares and pays dividends and/or interest on equity, as set forth in the Law of Corporations and the Bylaws. Regardless of the value set, shareholders are entitled to payment of the minimum dividend of 25% of net income determined in the financial statements, adjusted in accordance with the Law of Corporations.

 

The distribution of dividends, including dividends higher than required, requires approval by a majority vote of shareholders of Unidas and depends on its operating results, financial condition, cash requirements, prospects and other factors deemed relevant. In the context of Unidas’s tax planning, it is possible to state that it is advantageous for the Company to distribute interest on equity.

 

The table below shows the dividends paid to the shareholders of Unidas as from its IPO in April 2012.

 

APPROVAL DATE TYPE TOTAL AMMOUNT DECLARED (R$ MILLION) AMOUNT PER SHARE
R$
DATE OF
SHAREHOLDING POSITION
DATE OF PAYMENT
09/28/2012 ISE 4.571 0.0703294 09/28/2012 10/19/2012
12/11/2012 ISE 4.456 0.0685125 12/11/2012 01/21/2013
03/20/2013 ISE 3.704 0.0569412 03/20/2013 04/22/2013
06/19/2013 ISE 3.918 0.0602304 06/19/2013 07/19/2013
09/18/2013 ISE 4.095 0.0629557 09/18/2013 10/18/2013
03/19/2014 ISE 3.733 0.0573670 03/21/2014 04/22/2014
06/17/2014 ISE 3.164 0.0486200 06/18/2014 07/18/2014
09/26/2014 ISE 3.784 0.0594226 09/26/2014 10/17/2014
01/13/2015 ISE 3.000 0.0471091 01/14/2015 01/23/2015
03/23/2015 ISE 4.074 0.0639758 03/24/2015 04/01/2016
06/24/2015 ISE 4.592 0.0721041 06/24/2015 04/01/2016
09/21/2015 ISE 3.268 0.0513126 09/22/2015 04/01/2016
03/28/2016 ISE 3.905 0.0613253 03/28/2016 04/29/2016
06/22/2016 ISE 5.680 0.0891986 06/27/2016 07/29/2016
09/21/2016 ISE 5.715 0.0897434 09/26/2016 10/28/2016
11/25/2016 Intermediary Dividends 25.000 0.3914138 11/30/2016 12/08/2016
12/15/2016 ISE 0.748 0.0117158 12/20/2016 12/29/2016
03/23/2017 ISE 5.609 0.0877435 03/28/2017 04/06/2017
06/22/2017 ISE 5.340 0.0661356 06/27/2017 07/06/2017
09/21/2017 ISE 5.420 0.0670874 09/26/2017 10/06/2016
12/18/2017 ISE 5.520 0.0681917 12/21/2017 01/05/2018
01/03/2018 Intermediary Dividends 17.501 0.2161837 01/08/2018 01/18/2018
03/26/2018 ISE 8.090 0.0700350 03/29/2018 04/13/2018
06/22/2018 ISE 25.213 0.2180625 06/26/2018 07/06/2018
09/19/2018 ISE 24.989 0.2159091 09/24/2018 10/05/2018
12/21/2018 ISE 28.853 0.1966699 12/28/2018 01/11/2019
03/21/2019 ISE 45.272 0.3074359 03/26/2019 04/05/2019
06/19/2019 ISE 39.856 0.2703706 06/25/2019 07/08/2019