Brazil's Treasury Secretary Ceron Says We Are Considering As A Probable Scenario Petrobras Paying 100% Of Its Extraordinary Dividend
Portfolio Pulse from Benzinga Newsdesk
Brazil's Treasury Secretary Ceron has indicated that Petrobras is likely to pay 100% of its extraordinary dividend.
May 22, 2024 | 7:58 pm
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POSITIVE IMPACT
Petrobras is likely to pay 100% of its extraordinary dividend, as indicated by Brazil's Treasury Secretary Ceron. This could lead to a positive short-term impact on the stock price due to increased investor interest in the high dividend payout.
The announcement of a 100% extraordinary dividend payout is likely to attract investors seeking high returns, leading to a potential increase in Petrobras' stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100