According to our bylaws, net income will be allocated as follows:
(i) a portion will be allocated to the payment of the minimum mandatory dividend to shareholders corresponding to 50% of the adjusted net income in accordance with the Brazilian Corporation Law (Lei das S.A.);
(ii) 5% will be applied to the constitution of a legal reserve, limited to 20% of the equity capital, under the terms of the Brazilian Corporation Law .
(iii) the remaining balance will have the destination that the General Meeting determines, and may be distributed to shareholders as dividends or retained in the reserves provided for in the Brazilian Corporation Law, with the purpose of, for example, composing the company’s master budget.
The distribution of dividends occurs annually by resolution of the Annual General Meeting. Below is the history of dividend payments by Wiz Soluções e Corretagem de Seguros:
DIVIDEND HISTORY
Type of Payment
Payment Date
Reference Period
Ex-dividends Date
Earnings Per Share
Total Distributed Amount
Distribution Ratio¹
*Dividends
11/25/2022
2021
04/19/2022
R$ 0.49
R$ 79,914,910.98
50%
*Dividends
04/29/2022
2021
04/19/2022
R$ 0.08
R$ 14,102,631.28
50%
Dividends
11/25/2021
2020
04/16/2021
R$ 0.52
R$ 82,758,769.24
50%
Dividends
11/05/2021
2020
04/16/2021
R$0.09
R$ 14,604,488.61
50%
Dividends
11/25/2020
2019
03/23/2020
R$ 0.33
R$ 53,473,289.57
50%
Dividends
11/05/2020
2019
03/23/2020
R$ 0.33
R$ 53,473,289.57
50%
Dividends
11/25/2019
2018
04/25/2019
R$ 0.78
R$ 124,408,606.41
100%
Dividends
05/22/2019
2018
04/25/2019
R$ 0.33
R$ 53,317,974.27
100%
Dividends
09/19/2018
2H17
04/20/2018
R$ 0.26
R$ 40,913,457.70
100%
Dividends
05/18/2018
2H17
04/20/2018
R$ 0.26
R$ 40,913,457.70
100%
Dividends
09/29/2017
2Q17
09/14/2017
R$ 0.28
R$ 44,127,204.03
100%
Dividends
06/08/2017
1Q17
05/16/2017
R$ 0.21
R$ 33,453,791.99
100%
Dividends
05/12/2017
4Q16
04/26/2017
R$ 0.22
R$ 35,704,020.95
100%
Dividends
12/16/2016
3Q16
12/02/2016
R$ 0.23
R$ 36,813,463.69
100%
Dividends
09/16/2016
2Q16
09/02/2016
R$ 0.24
R$ 39,100,808.98
100%
Dividends
06/17/2016
1Q16
06/03/2016
R$ 0.21
R$ 33,453,792.01
100%
Dividends
04/20/2016
4Q15
04/05/2016
R$ 0.19
R$ 30,642,465.81
100%
Dividends
11/27/2015
3Q15
11/23/2015
R$ 0.20
R$ 31,709,003.10
100%
Dividends
09/18/2015
2Q15
09/04/2015
R$ 0.03
R$ 5,246,459.28
100%
Dividends
05/19/2015
*
*
R$ 0.18
R$ 29,430,607.60
100%
Dividends
02/12/2015
*
*
R$ 0.09
R$ 15,062,000.00
100%
Dividends
12/10/2014
*
*
R$ 0.26
R$ 41,836,000.00
100%
Dividends
08/15/2014
*
*
R$ 0.11
R$ 16,987,000.00
100%
Dividends
04/28/2014
*
*
R$ 0.05
R$ 7,797,000.00
100%
¹Distribution ratio: Distribution divided by net income, as calculated under IFRS and adjusted in accordance with Brazilian Corporate Law.