Dividend History

Histórico de Dividendos

Dividend Policy

Brazilian Corporate Law and the Company’s Bylaws require that an Annual Shareholders’ Meeting be held by April 30 of each year to decide on the distribution of annual dividends, among other matters. All shareholders of record on the dividend declaration date are entitled to receive dividends.

The Company’s shareholders will resolve on the proposal submitted by the Board of Directors for the allocation of net income for the previous fiscal year. Under Brazilian Corporate Law, net income is defined as the result for the fiscal year after deducting accumulated losses from previous fiscal years, amounts related to income tax and social contribution, and any statutory profit sharing paid to employees and management.

Trisul’s minimum mandatory dividend corresponds to 25% of adjusted net income, pursuant to Brazilian Corporate Law and the Bylaws, recorded in the non-consolidated financial statements. The annual declaration of dividends, including the payment of dividends in addition to the minimum mandatory dividends, must be approved by a majority vote at the Annual Shareholders’ Meeting and will depend on several factors. These factors include the Company’s operating results, financial condition, cash requirements and future prospects, among other factors that Trisul’s Board of Directors and shareholders deem relevant.

 

Dividend History

 

EVENT

MEETING DATE DIVIDEND AMOUNT (R$) DIVIDEND HISTORY DIVIDENDS PER SHARE (R$) # SHARES WITH DIVIDEND RIGHTS
2007
Dividends 04/14/2008 5,227,673.61 04/25/2008 0.0661793 78,992,500
Dividends 12/10/2008 4,800,000.00 12/18/2008 0.064522459 74,392,700
2008
Dividends n/a n/a n/a n/a n/a
2009
Dividends 04/06/2010 10,766,281.92 10/04/2010 0.141743672 75,955,997
2010
Dividends 10,764,748 0.1316 81,798,769
2011
Dividends 9,300,546 0.1137 81,798,769
2012
Dividends 9,300,546 0.1137 81,798,769
2013
Dividends 04/14/2014 10,000,000 05/22/2014 0.12497131 81,798,769
2014
(Share Buyback and Cancellation Plan) 04/27/2015 10,000,000 09/24/2015 0.012946 78,758,769
2015
(Share Buyback and Cancellation Plan) 04/27/2016 9,500,000 09/28/2016 0.125398 75,758,769
2016
(Share Buyback and Cancellation Plan) 04/28/2017 9,500,000 07/07/2017 0.130032 73,058,769
2017
Dividends 04/27/2018 12,250,000 05/17/2018 0.167673 73,058,769
2018

Dividends/Stock Splitting

04/26/2019 20,000,000 05/09/2019 0.13687611 146,117,538
2019

Dividends/Follow-on

04/23/2020 40.000.000 04/30/2020 0,21434212684 186.617.538

Last update: December 5, 2018