Petrobras announces R$15.3B dividend payout, R$1.19/share

Petrobras announced a dividend payment of R$15.3 billion (R$1.19 per share) on Tuesday. This is a routine capital return event for the state-controlled oil major, though the size may signal continued strong cash flow. The announcement is unlikely to move broad markets but is relevant for equity holders and Brazil-focused investors.

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