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
Base year Meeting date Dividend amount (R$) Payment Date Dividends per share (R$) # Shares with dividend rights
2007 04/14/2008 5,227,673.61 04/25/2008 0.0661793 78,992,500
12/10/2008 4,800,000.00 12/18/2008 0.064522459 74,392,700
2008 n/a n/a n/a n/a n/a
2009 04/06/2010 10,766,281.92 10/04/2010 0.141743672 75,955,997
2010 10,764,748 0.131600 81,798,769
2011 9,300,546 0.113700 81,798,769
2012 9,300,546 0.113700 81,798,769
2013 3,967,252 0.048500 81,798,769
2014 1,022,488 0.012983 78,758,769
(Share Buyback and Cancellation Plan)
2015 04/27/2016 9,500,000 05/24/2016 0.125398 75,758,769
(Share Buyback and Cancellation Plan)
2016 04/28/2017 9,500,000 07/07/2017 0.130032 73.058.769
(Share Buyback and Cancellation Plan)
2017 04/27/2018 12,250,000 05/17/2018 0.167673 73.058.769
2018 146,117,538
(Stock Splitting)

Last update: December 5, 2018