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Data last updated: Sep 21, 2026
Snapshot (as of Sep 21, 2026): Telefônica Brasil S.A. (VIV) pays a $2.39 annual dividend ($0.20 monthly), yielding 7.72% at $11.95/share. Next ex-dividend date 2026-09-28. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 7.72%
Annual Dividend: $2.39 per share
Payout Ratio: 42.7%
Ex-Dividend Date: 2026-09-28
Dividend Frequency: monthly
Sector: Communication Services
Years of Dividend History: 7
Telefônica Brasil S.A. dividend investors are looking at Brazil's leading telecom provider, offering mobile, broadband, pay TV, and digital services across consumer and enterprise markets. VIV currently pays a 7.72% dividend yield, well above what most income-focused stocks offer. The trailing annual dividend rate is $2.3904 per share, paid monthly, with the next ex-dividend date on September 28, 2026. A beta of 0.215 means VIV stock moves far less than the broader market, which suits income investors who prioritize low volatility over capital gains.
Telefônica Brasil S.A. pays out 42.7% of earnings as dividends, a payout ratio classified as moderate (40–60%). That level leaves meaningful earnings retained within the business, which spans mobile, broadband, cloud, and cybersecurity services across both consumer and enterprise segments in Brazil. Telefônica Brasil S.A. dividend safety benefits from that diversified revenue base, though the dividend history does show at least one year-over-year decline exceeding 5%, which is the most significant data-supported factor that income investors should weigh against the current payout level.
Telefônica Brasil S.A. dividend history shows a CAGR of -2.2% per year from 2021 to 2025. Per-share payments moved from $0.6092 in 2021 to $0.5571 in 2025 (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was -1.0% in 2023, meaning no year in the measured period produced a meaningful positive gain. Growth is negative. For income investors focused on dividend expansion, that is a real limitation.
| Period | CAGR | From | To |
|---|---|---|---|
| 5-Year | +3.8% | $0.46 (2020) | $0.56 (2025) |
VIV fits income-focused investors who want a high current yield from a large, diversified telecom business and can accept that the dividend has not grown in recent years. The yield classification is high (above 4%), and at 7.72% it sits nearly double the 5-year average yield of 3.94%, which reflects either a repricing of the stock or a period of elevated payouts. The 42.7% payout ratio keeps the current income level supported by earnings. The trade-off is clear: Telefônica Brasil S.A. delivers meaningful monthly income, but the -2.2% annual CAGR over the 2021-2025 window means that income has been shrinking in per-share terms, not growing.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-28 | $0.0607 |
| 2026-08-27 | $0.0420 |
| 2026-07-28 | $0.0612 |
| 2026-06-29 | $0.0278 |
| 2026-05-28 | $0.0748 |
| 2026-05-22 | $0.3663 |
| 2026-04-28 | $0.0460 |
| 2026-03-26 | $0.0239 |
| 2026-02-24 | $0.0389 |
| 2025-12-30 | $0.0440 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.7416 |
| 2025 | $0.5571 |
| 2024 | $0.4154 |
| 2023 | $0.6029 |
| 2022 | $0.1562 |
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