Dividend Policy and History

On August 3, 2009, CBD’s Board of Directors approved the adoption of a new dividend policy, comprising the possibility of a payment of interim dividends on a quarterly basis following approval of the Board of Directors ad referendum of the Annual Shareholders’ Meeting, pursuant to article 35, paragraph 3 of the Company’s Bylaws. After the end of each fiscal year and approval of the corresponding financial statements, the Company guarantees payment to its shareholders of the minimum mandatory dividends, calculated in accordance with Corporation Law, less those dividend payments advanced throughout the year.

 

1Q19 2Q19/3Q19/4Q19 2019
Total of payment: (million) 36.7* 155.9 192.6
Portion:
per common shares 0.129556 0.582024 0.711580
per preferred shares class A 0.142512 – 0.142512
per preferred shares class B – – –
Date of payment: 08/16/2019 06/15/2020 –

*Payment of interest on equity

1Q18 2Q18 3Q18 4Q18 2018
Total of payment*: (million) 74.9 115.0 71.4 192.4 453.7
Portion:
per common shares 0.264627 0.405994 0.252186 0,679223 1,602030
per preferred shares class A 0.291089 0.446594 0.277405 0,747146 1,762234
per preferred shares class B – – – – –
Date of payment: 06/12/18 11/27/18 12/13/2018 22/05/2019 –

*Payment of interest on equity

1H17 2H17 2017
Total of payment*: (million) 81.0 91.1 172.1
Portion:
per common shares 0.286432 0.321878 0.608311
per preferred shares class A 0.315076 0.354066 0.669142
per preferred shares class B – – –
Date of payment: 12/15/17 05/25/18 –

*Payment of interest on equity

1Q15 2Q15 3Q15 4Q15 2015
Total of payment: (million) 38.5 38.5 38.5 3.9 119.2
Portion:
per common shares 0.136365 0.136365 0.136365 0.013703 0.422740
per preferred shares class A 0.150000 0.150000 0.150000 0.015073 0.465014
per preferred shares class B – – – – –
Date of payment: 05/28/15 08/08/15 11/11/15 06/23/16 –

 

1Q14 2Q14 3Q14 4Q14 2014
Total of payment: (million) 35.8 35.8 35.8 194.0 301.5
Portion:
per common shares 0.127272 0.127272 0.127272 0.688991 1.070505
per preferred shares class A 0.140000 0.140000 0.140000 0.757890 1.177556
per preferred shares class B – – – – –
Date of payment: 05/15/14 08/13/14 11/21/14 06/25/2015 –

 

1Q13 2Q13 3Q13 4Q13 2013
Total of payment: (million) 33.1 33.1 33.2 150.5 250.0
Portion:
per common shares 0.118182 0.118182 0.118182 0.535395 0.888957
per preferred shares class A 0.130000 0.1300000 0.1300000 0.588935 0.977853
per preferred shares class B – – – – –
Date of payment: 05/16/13 08/13/13 11/07/13 06/13/14 –

 

1Q12 2Q12 3Q12 4Q12 2012
Total of payment: (million) 27.8 27.9 27.9 166.0 249.7
Portion:
per common shares 0.100000 0.100000 0.100000 0.593716 0.892989
per preferred shares class A 0.110000 0.110000 0.110000 0.653088 0.982288
per preferred shares class B – – – – –
Date of payment: 06/20/12 08/13/12 11/23/12 06/16/13 –

 

1Q11 2Q11 3Q11 4Q11 2011
Total of payment: (million) 22.5 22.6 22.6 103.0 170.6
Portion:
per common shares 0.081818 0.081818 0.081818 0.372951 0.617946
per preferred shares class A 0.090000 0.090000 0.090000 0.410246 0.679740
per preferred shares class B – – – – –
Date of payment: 05/27/11 08/10/11 11/28/11 06/26/11 –

 

1Q10 2Q10 3Q10 4Q10 2010
Total of payment: (million) 19.2 19.6 19.6 113.2 171.6
Portion:
per common shares 0.072727 0.072727 0.072727 0.409546 0.627728
per preferred shares class A 0.080000 0.080000 0.080000 0.458273 0.690501
per preferred shares class B – – – – –
Date of payment: 05/31/10 08/17/10 12/01/10 05/30/11 –

 

2007 2008 3Q09 4Q09 2009
Total of payment: (million) 50.1 61.9 15.5 94.1 140.5
Portion:
per common shares 0.208037 0.248593 0.060041 0.357930 0.534483
per preferred shares class A 0.228841 0.273452 0.066045 0.393723 0.587932
per preferred shares class B – – – 0.010000 0.010000
Date of payment: – – 11/30/09 06/28/10 –