Tim (TIMS3) announces R$300 million in interest on equity (JCP); see who is entitled – Money Times


brazil team

Tim will pay R$300 million in interest on equity (Image: REUTERS/Stefano Rellandini)

A Tim (TIMS3) announced the payment of R$300 million in interest on equity (JCP) to its shareholders. The amount corresponds to the gross value per share of R$ 0.123945910.

According to the document sent to the market on Tuesday (17), payment will take place by October 23, 2024, with a base date of September 23, 2024.

Shares acquired from September 24th will be ex-dividend.

“The gross value per share may be modified due to the variation in the number of treasury shares to meet the Company’s Long-Term Incentive Plan”, explains Tim.

It is worth noting that, in the case of interest on equity, there is a 15% withholding of Income Tax at Source, except for shareholders who have differentiated taxation or who are exempt from said taxation.

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