Dividends

According to Helbor’s Bylaw (“Bylaw’).The stockholders of the Corporation shall be entitled to receive a compulsory dividend of 50% of the net income of each fiscal year, adjusted pursuant to article 202 of Law no. 6,404/76, as amended.

Except as provided in Article 60 of the Bylaw, on fiscal years in which the Board of Directors, by a Majority Resolution of the Board of Directors as defined in Article 59 of the Bylaw, and pursuant to article 196 of Law no. 6,404/76, as amended, resolves to approve a capital budget that allocates part of the resources that otherwise would be intended for the payment of compulsory dividends, the compulsory dividend may be less than 50% of the adjusted net profit. In such cases a compulsory minimum dividend of 25% of the net profits must be assured.

The compulsory dividend established in article 35 of the Bylaw, with respect to the fiscal years of 2010, 2011, 2012 and 2013 shall correspond to the following percentages of the adjusted net profit as provided in article 202 of Law no. 6,404/76, as amended: 30% relative to the fiscal year of 2010, 35% relative to the fiscal year of 2011, 40% relative to the fiscal year of 2012, 45% relative to the fiscal year of 2013, 50% relative to the fiscal year of 2014, 25% relative to the fiscal year of 2015, 25% relative to the fiscal year of 2020, 25% relative to the fiscal year of 2021 and 25% relative to the fiscal year of 2022.

FISCAL YEAR DIVIDEND PER SHARE DATE DATE OF PAYMENT PAYOUT DIVIDEND YIELD*
2023 R$ 0.09101291930 05/02/2024 05/31/2024 25.0% 4.0%
2022 R$ 0.0913792941 05/02/2023 05/31/2023 25.0% 3.1%
2021 R$ 0.1807182983 05/02/2022 05/31/2022 25.0% 6.1%
2020 R$ 0.0474631991 05/03/2021 05/31/2021 25.0% 0.4%
2015 R$ 0.0649328000 05/02/2016 05/10/2016 25.0% 4.3%
2014 R$ 0.3942680104 04/30/2015 05/12/2015 50.0% 8.3%
2013 R$ 0.5045089792 04/24/2014 05/06/2014 45.0% 6.5%
2012 R$ 0.5216341130 04/22/2013 05/03/2013 40.0% 4.2%
2011 R$ 1.0897178966 04/17/2012 04/26/2012 35.0% 5.3%
2010 R$ 0.7970638899 04/18/2011 04/25/2011 30.0% 3.8%
2009 R$ 0.3444256319 04/27/2010 05/31/2010 30.0% 2.7%
2008 R$ 0.2184665586 04/23/2009 05/29/2009 25.1% 7.9%
2007 R$ 0.0300000000 02/18/2009 03/05/2009 25.5% 0.3%

* Calculated by dividing dividend per share by the stock price at the last trading day previous payment.