Alupar: The Board approves a dividend of R$0.12 per unit

Posted at 10:22 p.m

The Board of Directors of Alupar (ALUP11) has approved an interim dividend. This information was contained in the minutes of the company’s Board of Directors meeting, which was held on Thursday, September 9.

The value is R$36,571,028.16, which is equivalent to R$0.04 (four cents) per common share issued by the Company, R$0.04 (four cents) per preferred share and R$0.12 (twelve cents) per unit.

The interim dividend will be paid in one lump sum within 60 days from this date (09/11).

Persons who owned shares in the Company on November 16, 2023 will be eligible and, effective November 17, 2023 (inclusive), the units, common shares and preferred shares will begin trading ex-dividend.

Today, Thursday, Al Wabar Company issued its results for the third quarter of 2023.

Total regulatory net profit amounted to R$163.4 million, a growth of 11.6% compared to R$146.4 million recorded in the same period of 2022.

EBITDA – Total regulatory earnings (EBITDA) amounted to R$662.4 million, an increase of 5.3% compared to R$628.8 million recorded in Q3 2022.

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