Business Context and Reporting Period
Inter & Co, Inc. (NASDAQ: INTR; B3: INBR32) filed a Form 6-K on April 5, 2024, to announce a corporate action regarding the payment of a cash dividend. The filing pertains to the month of April 2024 and relates to profits reported in the 2023 financial statements.
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures for the current or prior periods. The only financial metric disclosed is the dividend amount.
- Dividend Amount: US$0.03 per common share.
- Source of Funds: Profits reported in the 2023 financial statements.
Material Changes
This filing does not report material changes in financial performance or operational metrics compared to prior periods. It solely announces the Board of Directors' approval of a cash dividend distribution.
Guidance, Outlook, and Unusual Items
The filing contains no forward-looking guidance, management commentary on future outlook, or discussion of risks and contingencies. The primary unusual item is the specific schedule for dividend payments:
- Record Date: April 16, 2024.
- Payment Date (Common Shares): April 23, 2024.
- Estimated Payment Date (BDRs): May 6, 2024.
- BDR Specifics: The actual payment date and amount in Brazilian Reais for Brazilian Depositary Receipts (BDRs) will be announced after April 23, 2024, contingent on receipt of funds by Banco Bradesco S.A.
Investor Verification Checklist
- Verify the record date of April 16, 2024, to ensure eligibility for the US$0.03 dividend.
- Monitor subsequent announcements for the exact payment date and BRL conversion amount for BDR holders.
- Review the full 2023 financial statements to understand the profit base from which this dividend was declared.