Dividends

Dividend Distribution History

Corporate Fiscal Year Ended December 31 of 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Dividends (R$ million) 29.7  82.1 29.1 47.8  47.6 104.7 350.0 350.0 175.0 150.2 158.2  184.6
Pay Out 100.0% 88.6% 25.0% 25.0% 25.0% 50.0% 127.1% 101.6% 88.1% 50.9% 50.3% 50.2%
1st Payment Date Jun-08 Sep-09 May-10 Jun-11 Jul-12 May-13 May-14 Oct-14 Jul-16 Jun-17 Feb-18 Dec-18
1st Payment Amount (R$ million) 16.4 79.2         350.0  100.0  100.0 90.1 61.5  52.7
2nd Payment Date Oct-08 Dec-09           May-15 Nov-16 Jul-17 Jun-18  Jul – 19
2nd Payment Amount (R$ million)  4.5  2.9           250.0 75.0 60.1  96.7 131.9
3rd Payment Date Nov-08                  
3rd Payment Amount (R$ million) 8.8                  
Dividends per Unit (R$)*             1.68 1.68  0.84 0.51  0.54 0.63
*after IPO (04/23/2013)