Earnings History

As established in the Company's Bylaws, Chapter VI - Fiscal Year and Mandatory Dividend: “Twenty-five percent (25%), at least, of the net income adjusted as per article 202 of Law 6404/76, to distribute dividends and/or interest on own capital”. The Company has presented a history of dividend payments that is superior to what is determined in its Bylaws, while complying with the best practices of corporate governance and its corporate strategy. Below we present the proceeds paid to holders of Tupy shares, since 2013:

Exercise Dividends Dividends per share Interest on gross equity JCP per share Earnings Net profit Payout Mkt Cap Dividend Yield
2021 62,300 0,36729 62,300 202,913 31% 2,876,341 2,2%
2019 25,000,000 0.17340 100,000,000 0.69359 125,000 278,932 45% 3,647,691 3.4%
2018 59,123,000 0.41007 103,377.,00 0.71701 162,500 271,721 60% 2,905,177 5.6%
2017 91,347,000 0.63357 108,653,000 0.75361 200,000 153,401 130% 1,891,609 10.6%
2016 100,357,700 0.69607 100,358 – 181,455 N/A 1,731,572 5.8%
2015 107,010,000 0.74221 107,010 220,126 49% 2,696,119 4.0%
2014 25,391,000 0.17611 25,391 89,212 28% 2,573,568 1.0%
2013 25,147,000 0.17442 25,147 86,321 29% 3027,728 0.8%

The Dividend Yield is calculated based on the distribution competence and using the closing quotation for the period

*In the year 2020 no proceeds were distributed

Below we present the proceeds paid to holders of Tupy’s shares, since 2013: