JCP release will be carried out by Banco do Brasil in December

O Bank of Brazilannounced the approval of the distribution of R$ 985.986 million to its shareholders. This is Interest on Own Capital, where the investors receive a value, according to their actions on the state bank. The amount will be R$0.34552516736 per share and is related to the last quarter of this year. Follow the article to learn more about the release of JCP by BB.

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See when the release of the JCP will occur

The amount allocated to each shareholder will be deposited via checking account on December 30th and the numbers reflect the company's good results for the year. Although payment is made at the end of the last month of the year, accounting will be closed on the 12th. Thus, shareholders who trade after that date will not have their values ​​recalculated or passed on.

According to Banco do Brasil, the amounts are withholding income tax directly at source, with the rate of 15%, following current legislation, as reported by the note released by the state-owned company at the time of publication of the news.

The institution also claims that the numbers for the third quarter were considered the highest in history, with regard to nominal profits among publicly traded institutions in the country. Also included in the reports, the increase in profit in the same quarter, registering 75.7% more than the same period last year.

There is the possibility of trading the shares after the closing of the accounting

Also according to the closing date of the shares, Banco do Brasil informed that investors can trade shares after the 12th, but although they manage to buy for a lower amount, they will not be entitled to JCP remuneration at the end of the month.

For shareholders, the increase in the bank's numbers should be celebrated, because in the midst of a kind of pandemic return, the increases mean that the economy is recovering after an extremely troubled period, both for Brazil and for the world.

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