Dividends

Dividend Distribution History

Corporate Fiscal Year Ended December 31 of 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Dividends (R$ million) R$ 29.7 R$ 82.1 R$ 29.1 R$ 47.8 R$ 47.6 R$ 104.7 R$ 350.0 R$ 350.0 R$ 175.0 R$ 150.2
Pay Out 100.0% 88.6% 25.0% 25.0% 25.0% 25.0% 127.1% 101.6% 88.1% 50.9%
Payment Date Jun-08 Sep-09 May-10 Jun-11 Jul-12 May-13 May-14 Oct-14 Jul-16 Jun-17
Payment Amount (R$ million) R$ 16.4 R$ 79.2         R$ 350.0 R$ 100.0 R$ 100.0 R$ 90.1
2nd Payment Date Oct-08 Dec-09           May-15 Nov-16 Jul-17
2nd Payment Amount (R$ million) R$ 4.5 R$ 2.9           R$ 250.0 R$ 75.0 R$ 60.1
3rd Payment Date Nov-08                  
3rd Payment Amount (R$ million) R$ 8.8                  
Dividends per Unit (R$)*             R$ 1.68 R$ 1.68 R$ 0.84 R$ 0.51
*after IPO (04/23/2013)