Dividends
Neoenergia’ s Dividend Payment Policy considers the following guidelines:
(i) If the indicator [proportional Net Debt/Proportional CVAs Adjusted EBITDA] is equal or higher than 3.5 in the current year: pay within the year a maximum between (1) 35% of the year Net Profit and (2) the lower value between R$ 300 million and 100% of Net Profit.
(ii) If the indicator [proportional Net Debt/Proportional CVAs Adjusted EBITDA] is between 3.5 and 2.5 in the current year: pay the maximum between (1) 50% of the year Net Profit and (2) R$ 300 million.
(iIi) If the indicator [proportional Net Debt/Proportional CVAs Adjusted EBITDA] is lower than 2.5 in the current year: pay the maximum between (1) 75% of the year Net Profit and (2) R$ 300 million.
The payment record is as follows:
| Base Year | Event | Payment Date | Amount in R$ | Unit Amount per Share(R$) |
|---|---|---|---|---|
| 2019 | Interest on equity – 1st semester | Until 08/30/2019 | 338,000,000.00 | 0.2784649582 |
| Interest on equity – 1Q | 02/27/2019 | 363,146,000.00 | 0.2991817625 | |
| 2018 | Complementary Dividends | 12/18/2018 | 200,555,931.39 | 0.1652301747 |
| Minimum Dividends | 12/18/2018 | 99,444,068.61 | 0.0819280722 | |
| Interim Dividends | 11/14/2018 | 66,000,000.00 | 0.0543748143 | |
| Interest on equity – 1Q | 08/01/2018 | 159,216,000.00 | 0.1311718248 |