Majority of dividends paid by listed companies in Brazil are concentrated in only 24 companies – survey

The remuneration of shareholders through the distribution of dividends came into discussion in Brazil with the proposed changes part of the taxreform.

RIO DE JANEIRO, BRAZIL - More than 75% of the total amount of dividends and JCP (interest on equity) distributed by listed companies in 2020 was paid by only 24 companies.

The proceeds of these companies amount to about R$100.7 (US$19.6) billion, according to Economática data analyzed by FGV. "This shows how concentrated our market is. This group represents only 10% of the companies on the stock market that have made these payments," said Henrique Castro, professor at FGV-SP.

The remuneration of shareholders through the distribution of dividends came into discussion with the changes in . . .

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