Sendas Distribuidora Announces R$ 125 Million Interest Payment to Shareholders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 30 2024
0mins
Should l Buy ?
Source: Business Insider
Sendas Distribuidora Announcement: Sendas Distribuidora S.A. has approved a payment of R$ 125 million in interest on equity for the period ending December 31, 2024, to be distributed on February 28, 2025, enhancing shareholder value and potentially boosting stock performance.
Company Overview: Operating primarily in Brazil's retail sector, Sendas Distribuidora focuses on consumer goods distribution and has a current market cap of $1.25 billion, with a year-to-date price performance decline of 66.79%.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
