1. Home
  2. / Oil and Gas
  3. / Prio (PRIO3) announces distribution of dividends for Christmas: find out how to receive
reading time 3 min read Comments 0 comments

Prio (PRIO3) announces distribution of dividends for Christmas: find out how to receive

Written by Paulo S. Nogueira
Published 11/12/2023 às 04:33
holiday, celebration, festivity
Prio (PRIO3) is yet another company distributing Christmas gifts to shareholders. The company announced that it will pay interim dividends of R$60,6 – All rights: MoneyTimes
Be the first to react!
React to article

Prio (PRIO3) will distribute proceeds of R$60,6 to shareholders in the trading session. The amount will be paid as interim dividends from the profit reserve account.

Prio joins the list of companies that will pay dividends to shareholders before Christmas. The company announced that it will distribute a total of R$60,6 million in interim dividends, equivalent to R$0,0726 per common share. The proceeds will be paid to shareholders on December 22nd, as long as they are positioned in the trading session on the 13th. According to the company, the amounts relate to the unrealized profits reserve account, as shown in the balance sheet for the year ending in 2021. Furthermore, the shares will be traded as 'ex-dividends' from of the following day.

The approach of Christmas brings not only the expectation of dividends for shareholders, but also the celebration and festivities typical of this time of year. Companies that advance payment of profits end up providing a more abundant Christmas for investors, contributing to the joy and satisfaction of everyone involved. Dividend distribution before the holiday is a common practice, which is often valued by shareholders who eagerly await this moment. Prio, following this trend, stated that the amount to be distributed may change due to its share buyback program, validated in October 2022.

Christmas: a festival to celebrate

Christmas is a special time for many families around the world. It is a holiday celebrated by people of different beliefs and cultures, and it is a festival that brings joy and unity. Many people take advantage of this time to get together with their loved ones, exchange gifts and share delicious meals. The Christmas atmosphere is always full of love and generosity, and the festive decorations make the streets even more beautiful. It is a time when people remember the true meaning of the celebration, which goes beyond gifts and celebrations.

The impact of Christmas on interim dividends

In the business world, Christmas is a time when many companies distribute interim dividends to their shareholders. That income it is a way of rewarding investors for their support and trust in the company. Many organizations prepare for the arrival of Christmas by adjusting their profit reserve accounts to ensure that the trading floor be favorable to shareholders. The market for values There may also be fluctuations during this period, as companies release their financial results and investors assess the impact of the festivities on their investment portfolios.

Celebrating Christmas in a Meaningful Way

It is important to remember that Christmas goes beyond financial and economic issues. It is a celebration that has a deep meaning for many people, and is an opportunity for reflection and gratitude. Many families take time to participate in solidarity activities, helping those who are in less privileged situations. The Christmas spirit manifests itself through gestures of kindness and generosity, and is a time to celebrate love and compassion. Regardless of the impact on interim dividends and market values, Christmas continues to be a festival that touches hearts and brings hope for the future.

Source: moneytimes

Register
Notify
guest
0 Comments
Older
Last Most voted
Feedbacks
View all comments
Paulo S. Nogueira

Creator and disseminator of content in the areas of oil, gas, offshore, renewables, mining, economics, technology, construction and other energy sectors.

Share across apps
0
We would love your opinion on this subject, comment!x