Enauta’s by-laws oblige the Company to distribute dividends of at least 0.001% of the Company’s adjusted net income at every financial year, as calculated in accordance with the amended Article 202 of the Brazilian Law 6.404, of December 15th, 1976, as it has been altered. Additionally, on March 12, 2015, the Board of Directors of Enauta approved the adoption a Dividend Policy over and above the mandatory minimum provided for in the Articles of Incorporation. The Board of Directors will submit the proposal of the payment of a dividend per share of R$0.15 to the Shareholders Annual Meeting. Such amount includes the mandatory minimum dividend.
The table below shows the history of ENAUTA dividends:
|Payment Type||Base Year||Approval Date||Payment Date||Total Amount (R$)||Value per Share (R$/Share)|