Thursday, 25 April 2024

After meeting, Petrobras (PETR3, PETR4) approves payment of 50% of extraordinary dividends

Petrobras' board of directors approved the payment of 50% of extraordinary dividends for 2023. The total dividends will correspond to 43.9 billion reais (approximately 8.5 billion dollars).

Last weeks, this issue has generated a crisis in the Lula government. The president of the state-owned company Jean Paul Prates, who is from PT, President Lula's party (center left), and the Minister of Energy, Alexandre Silveira, who is from the PSD of Minas Gerais, a right-wing party. According to Folha de S. Paulo, Petrobras also signaled additional distribution until the end of the year.

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