02:49 PM EDT, 04/25/2024 (MT Newswires) -- Petrobras (PBR) shareholders Thursday approved the proposal of additional dividends for fiscal 2023 of about 36.14 billion Brazilian reais, or 2.80 reais per share, which after accounting for monetary adjustment from Dec. 31 becomes 2.89 reais per share ($0.56).

The additional amount will be paid in two installments of about 1.45 reais per share each on May 20 and June 20, according to Petrobras.

The total 2023 dividends now amount to 94.35 billion reais, including 58.21 billion reais paid by March, the company added.

The company noted that the cut off date for holders of shares trading on B3 exchange is April 25 and for holders of ADRs trading on NYSE is April 29.

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