CSU’s Bylaws define a minimum Dividend payout of 25% of net profit after the constitution of a 5% legal reserve. The Company, pursuant to approval of the Board of Directors, decides the distribution of interim or regular Dividends.

CSU’s Bylaws also foresee that the Board of Directors may approve the payment or crediting of Interest on Own Capital credit “ad referendum” of the Annual General Meeting that examines the financial statements for the fiscal year in which such interest was paid or credited, which may be attributed to the mandatory Dividend or not at the discretion of the Board of Directors, as authorized by applicable law.

 

Fiscal Year Type of Payout Approval Date Payment Date Total Amount Distributed
(R$ ‘000)
Price per Common Share
(R$)
Payout
(% Net Income)
2006 N/A 04/27/2006 N/A N/A N/A
2007 N/A 04/30/2008 N/A N/A N/A
2008 N/A 04/24/2009 N/A N/A N/A
2009 Dividends 04/30/2010 06/15/2010 2,697.4 0.05640
2010 Dividends 04/26/2011 05/26/2011  8,026.4 0.16895
IOC 12/21/2010 01/14/2011 7,759.6 0.16333
Total 15,786.0 0.33228 47.8%
2011 IOC 12/14/2011 01/13/2012 7,472.1 0.16276 33.0%
2012 IOC 12/20/2012 01/07/2013 7,500.0 0.16794 33.8%
2013 Dividends 04/30/2014 06/18/2014 42.0 0.00102 23.5%
2014 IOC 12/18/2014 06/19/2015 3,650.0 0.08849 32.5%
2015 IOC 12/28/2015 05/25/2016 7,000.0 0.169710 36.8%
2016 IOC 12/13/2016 01/30/2017  12,800.0 0.31018
Dividends 04/25/2017 05/31/2017 1,162.8 0.02818
Total 13,962.8 0.33836 40.0%
2017 IOC 12/05/2017 02/28/2018 13,781.0 0.33396
Dividends 04/18/2018 06/06/2018 4,298.5 0.10416
Total 18,089.5 0.43812 40.0%
2018 IOC 12/04/2018 02/15/2019 10,117.0 0.24619 30.8%
2019 IOC 06/18/2019 01/06/2020 4,300.0 0.10464
IOC 09/10/2019 01/06/2020 2,250.0 0.05474
IOC 12/03/2019 01/06/2020 4,000.0 0.09731
Total 10,550.0 0.25669 39.3%
2020 IOC 03/10/2020 01/14/2021 2,250.0 0.05473
IOC 06/23/2020 01/14/2021 2,650.0 0.06447
IOC 09/24/2020 01/14/2021 3,000.0 0.07298
IOC 12/01/2020 01/14/2021 4,600.0 0.11189
Dividends 04/13/2021 04/27/2021 6,000.0 0.14595
Total 18,500.0 0.45002 39.5%
2021 IOC 03/02/2021 01/14/2022 2,800.0 0.06811
IOC 06/22/2021 01/14/2022 3,000.0 0.07297
IOC 09/21/2021 01/14/2022 4,200.0 0.10198
IOC 12/14/2021 01/14/2022 4,000.0 0.09723
Dividends 04/19/2022 05/03/2022 16,200.0 0.39378
Total 30,200.0 0.73409 49.9%
2022 IOC 03/08/2022 01/16/2023 4,000.0 0.09722

Earnings