Home / Knowledge / News / Apparel/Garments / Retailer Lojas Renner declares dividend of R$ 0.1412/share
Retailer Lojas Renner declares dividend of R$ 0.1412/share
18
Jun '14
The Board of Directors of Lojas Renner S.A., at a meeting held on June 17 2014, approved the distribution and the payment of interest on equity by the Company, for the fiscal year 2014 in the total amount of R$ 17,794,633.28 (seventeen million seven hundred and nine four thousand, six hundred and thirty three reais and twenty-eight cents), corresponding to R$ 0.1412 per share. Payment shall be effected in up to 10 days after the 2015 Annual General Meeting and is subject to Income Tax Withholding (IRRF) pursuant to the prevailing legislation.
 
The aforesaid amount corresponding to the payment of interest on equity shall be included in the calculation of the mandatory dividend for the fiscal year 2014, pursuant to the Company's Bylaws. All the Company's shareholders holding shares as of June 17 2014, the date of the approval of the payment by the Board of Directors, shall be entitled to interest on equity in accordance with the prevailing legislation. 
 
As from June 17 2014 (inclusive), the Company's shares shall be traded ex-interest on equity. The Company requests shareholders, companies and/or entities who are exempt from Income Tax Withholding to send the appropriate documentation to confirm this status to the Company's registered offices, in attention to the IR Officer, by June 20 2014.
 
The procedures and the initial date of payment of interest on equity will be disclosed by the Company Officers immediately after the Annual General Meeting that will take place in 2015.
 

Lojas Renner S.A


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search