Bradesco (BBDC4) announced a significant payment of R$ 4 billion in interest on equity (JCP) to its shareholders for the first half of 2024. This decision was communicated through a material fact released on Thursday, causing great expectation among investors.
Shareholders who are registered in the company's database by June 17, 2024 will be entitled to receive the amounts. After that date, as of June 18th, the actions will be traded ex-rights, i.e. new buyers will not be entitled to the announced JCP.
The R$ 4 billion will be distributed as follows: each ordinary share will receive R$ 0.359141350 and each preferred share will receive R$ 0.395055485. However, these amounts are subject to the deduction of 15% of Income Tax (IR) at source. Thus, the net amount that will actually be received by shareholders will be R$ 0.305270148 per ordinary share and R$ 0.335797162 per preferred share.
The payment is scheduled to be made by January 31, 2025, giving investors time to plan their personal finances. According to the official statement, “the interest approved here represents approximately 20.8 times the value of the interest paid monthly, net of income tax at source, and will be computed in the calculation of the dividends mandatory for the financial year as provided for in the bylaws."
Esta medida destaca o compromisso do Bradesco em remunerar seus acionistas de forma consistente e significativa, reforçando a confiança na gestão financeira da instituição. Além disso, a iniciativa demonstra a robustez do banco, que se mantém capaz de distribuir expressivos montantes aos seus investidores, mesmo diante de um cenário econômico desafiador.
The announcement generated a great deal of interest in the financial market, with many investors paying close attention to the cut-off date to ensure they receive their JCP. The expectation is that this action by Bradesco will positively influence the valuation of the company's shares, reflecting the market's recognition of the remuneration policy adopted.
Bradesco's shareholders should therefore pay close attention to the dates and amounts announced, and take advantage of this opportunity to increase their income. The bank, for its part, reaffirms its commitment to generating value for its investors, maintaining a transparent and favorable policy for distributing results.
