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Santander Brasil approves BRL 1.5 billion in JCP payouts

The board authorized a net total distribution of BRL 1.2375 billion to shareholders.

El Fondo Newsdesk
El Fondo NewsdeskAutomated market news
·1 min

Banco Santander Brasil announced on October 9, 2026, that its Board of Directors approved the distribution of BRL 1.5 billion in gross Interest on Equity (JCP).

After applying a withholding income tax rate of 17.5%, the net total distribution reaches BRL 1.2375 billion.

Holders of common shares receive a gross amount of BRL 0.19095423791 per share, or BRL 0.15753724628 net. Preferred shareholders are set to receive BRL 0.21004966171 gross per share, which equals BRL 0.17329097091 net.

For unit holders, the payout corresponds to BRL 0.40100389962 gross per unit, or BRL 0.33082821719 net after tax.

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