Institutional
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Dividends

Dividend Policy

Pursuant to the Bylaws of EDP Energias do Brasil and  corporate legislation, the mandatory dividend to shareholders may be no less than 25% of the company’s net income. 

Notwithstanding the dividend distribution policy, at its discretion, the company may distribute dividends or interest on shareholders’ equity for amounts less than 50% (fifty percent) of the net adjusted profit for any fiscal year, when so required by legal or regulatory provisions or when recommended in the light of the financial situation and/or prospects for the company, macroeconomic conditions, tariff revisions and readjustments, regulatory changes, growth strategy, contractual limitations and other factors deemed material by the Board of Directors and EDP Energias do Brasil’s shareholders.

The Board of Directors may decide on the distribution of interim or periodical dividends as long as such dividends do not exceed the amount held as capital reserves. Furthermore, it may also credit or pay its shareholders interest on shareholders’ equity which may be incorporated into the value of the mandatory dividends.

Finally, company bylaws rule that the right of shareholders to claim dividends lapses after a period of 3 years, unclaimed dividends reverting in favor of the company.

Dividend Characteristics

  • Minimum mandatory dividend of 25% of the adjusted net income;
  • Management Commitment: minimum payout of 50% of the adjusted net income;
  • Frequency of payment: annual.

Dividend Evolution

Fiscal Year and Adjusted
Net Income(1) (R$ thousand)
Proceeds Total Amount
Distributed (R$ '000)

Total 
Shares (3)

Ex Date Payment
Date
Amount per
share
(R$) (3)

2017

611,855

Dividend

Interest on Equity

294,416

72,709

606,850,394

04/10/2018

12/27/2017

until 
12/31/18

until  
12/31/18

0.60565207
2016
666,602
Interest on Equity 330,000 606,850,394 12/29/2016 until  
12/31/17
0.54447085
2015
1,265,937

Dividend

Interest on Equity

14,592

288,257

476,415,612

04/14/2016

12/22/2015

until 
12/31/16

until  
12/31/16

0.030682862

0.606122623

2014
743,502
Dividend(1)
Interest on Equity(2)

63,277

133,300

476,415,612

04/12/2015

12/30/2014

until 12/31/2015

until 12/31/2015

0.132818

0.279798

2013
358,109

Dividend(1)
Interest on Equity(2)
Distribution of Profit Retained Share(1)
311,013
29,190
30,045
476,415,612 04/30/2014
12/19/2013

(1) 10/28/2014       (50%)

(1)12/12/2014       (50%)

(2)12/12/2014

0.653974
0.061378
0.063178
2012
341,644
Dividend
Interest on Equity
Distribution of Profit Retained Share
194,141
130,422
45,867
476,415,612 04/11/2013
12/27/2012
-
09/30/2013
06/17/2013
09/30/2013
0.40822306
0.27424069
0.09606594
2011
479,751
Dividend
Interest on Equity
239,249
131,000
476,415,612 04/11/2012
12/14/2011
06/05/2012
06/05/2012
0.503073633
0.275456067
2010
479,751
Dividend
Interest on Equity
246,618
106,000
476,415,612 04/08/2011
12/24/2010
05/26/2011
05/26/2011
0.518568667
0.222888
2009
623,827
Dividend
Interest on Equity
296,318
-
476,415,612 04/09/2010
-
05/17/2010
-
0.623073
-
2008(2)
517,717
Dividend
Interest on Equity
134,210
103,061
476,415,612 04/08/2009
12/30/2008
06/05/2009
06/05/2009
0.312788333
0.240193333
2007
436,236
Dividend
Interest on Equity
87,289
119,923
476,415,612 03/05/2008
12/28/2007
05/13/2008
05/13/2008
0.181676
0.243515333
2006
365,758
Dividend
Interest on Equity
-
169,914
476,415,612 -
12/28/2006
-
05/03/2007
-
0.343226667
2005
398,002
Dividend
Interest on Equity
55,180
96,061
476,415,612 03/28/2006
12/28/2005
04/17/2006
04/17/2006
0.194043
0.111463333

(1) Adjusted figures as reported on the respective fiscal years as base for dividends payment. Include IFRS effects for 2010.
(2) Adjusted for amortization of Enersul.
(3) On April 10, 2012, the company concluded a one for three stock split, the quantity of shares increasing from 158,805,204 to 476,415,612.

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Quotes

edp Brasil

R$

Real

ENBR3

Ativo
52 weeks
  • R$ … MIN.
  • R$ … MAX.

IBOVESPA

IBOV

Índice
52 weeks
  • MIN.
  • MAX.

IEE

IEE

Índice
52 weeks
  • MIN.
  • MAX.