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Wednesday, February 8, 2023

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Raízen (RAIZ4): Shareholders will receive R$918.8 million in dividends; cut-off date is next week

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The distribution of dividends uses the shareholding position on December 7, 2022 as a reference (Image: Reproduction/Raízen)

The board of directors of root 🇧🇷ROOT4), in a meeting held this Friday (2), approved the distribution of more than R$ 900 million in interim dividends🇧🇷

The amount is R$918.8 million, equivalent to R$0.08904632381 per share, less treasury shares. The payment is based on part of the profit reserve contained in the approved balance sheet for the fiscal year ended March 31, 2022.

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The distribution of dividends uses the shareholding position on December 7, 2022 as a reference. As of December 8, 2022, the shares will be considered “ex” dividends.

Payment will be made by March 31, 2023, with the date to be set by the company’s management.

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Interim dividends will be imputed to the mandatory minimum dividend for the fiscal year that will end on March 31, 2023.

Source: Moneytimes

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