Itaú Unibanco Holding S.A. Payment of Interest on Capital

Rhea-AI Summary

Itaú Unibanco Holding S.A. has announced the approval by its Board of Directors for the payment of interest on capital totaling R$0.0529 per share. This will be disbursed on August 26, 2020, based on stockholding positions recorded on August 17, 2020. After a 15% income tax withholding, shareholders will receive a net interest of R$0.044965 per share, except for corporate shareholders that are exempt. Dividends and interest will be paid equally to common (ITUB3) and preferred (ITUB4) shares, in compliance with national regulations.

Positive

• Approval of R$0.0529 interest per share shows commitment to returning value to shareholders.
• Net interest payout of R$0.044965 per share after tax is favorable for investors.

Negative

• None.

SÃO PAULO, Aug. 3, 2020 /PRNewswire/ --

ITAÚ UNIBANCO HOLDING S.A.
CNPJ60.872.504/0001-23	A Publicly Held Company	NIRE 35300010230

ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that the Board of Directors, which met on August 3, 2020, approved the payment, on August 26, 2020, of the following earnings to stockholders based on the final stockholding position recorded on August 17, 2020:

Interest on capital in the amount of R$0.0529 per share, with income tax withholding at the rate of 15%, resulting in net interest of R$0,044965 per share, except for the corporate stockholders able to prove they are immune or exempt from such withholding.

If you have any question, please click on www.itau.com.br/relacoes-com-investidores as follows: Contact IR > Service.

São Paulo (SP), August 3, 2020.

ALEXSANDRO BROEDEL
Group Executive Finance Director and Head of Investor Relations

^{Notes: Dividends and interest on capital are paid equally for common (ITUB3) and preferred (ITUB4) shares. The payment of interest on capital reported herein complies with Resolution No. 4,820/20 of the National Monetary Council (CMN).}

Itaú Unibanco – Corporate Communication
(11) 5019-8880 / 8881 – imprensa@itau-unibanco.com.br

View original content:http://www.prnewswire.com/news-releases/itau-unibanco-holding-sa-payment-of-interest-on-capital-301105218.html

SOURCE Itaú Unibanco Holding S.A.

FAQ

What is Itaú Unibanco's interest on capital payment for August 2020?

Itaú Unibanco announced an interest on capital payment of R$0.0529 per share for August 2020.

When will Itaú Unibanco pay the interest on capital?

The payment of interest on capital is scheduled for August 26, 2020.

What is the net amount shareholders will receive from Itaú Unibanco's interest?

Shareholders will receive a net amount of R$0.044965 per share after a 15% income tax withholding.

What are the dates relevant to Itaú Unibanco's interest on capital announcement?

The key dates are August 3, 2020 (approval), August 17, 2020 (record date), and August 26, 2020 (payment date).