Banco do Brasil sets payout at 25 pct of net income this year
SAO PAULO Feb 23 (Reuters) - State-controlled Banco do Brasil SA's board decided on Tuesday to set a dividend payout for this year at the equivalent of 25 percent of profit.
In a securities filing, Brasilia-based Banco do Brasil said the payout ratio for this year includes normal dividends as well as interest on capital payments to shareholders. (Reporting by Guillermo Parra-Bernal; Editing by Cynthia Osterman)
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