Business Context and Reporting Period
This Form 6-K filing by Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SABESP) was submitted in April 2019. The document serves as a notice to shareholders regarding the payment of interest on own capital for the fiscal year ended December 31, 2018.
Key Financial Metrics
- Dividend Payment (Interest on Own Capital): Total amount of R$ 792,187,938.17.
- Per Share Amount: R$ 1.15900 per common share.
- Payment Date: June 28, 2019.
- Record Date: April 29, 2019.
- Ex-Interest Date: April 30, 2019.
- Revenue, Profit, and Cash Flow: The filing text does not provide a clear value for these operational metrics.
- Debt and Liquidity: The filing text does not provide a clear value for these metrics.
Material Changes
This filing does not report material changes in operational performance or financial position compared to prior periods. It solely announces the Board of Directors' decision made on March 28, 2019, to distribute interest on own capital.
Guidance, Outlook, and Risks
The document includes standard forward-looking statements regarding future economic circumstances, industry conditions, and capital expenditure plans. Management notes that actual results may differ materially from expectations due to risks and uncertainties. No specific guidance or outlook figures are provided in this text.
Investor Verification Checklist
- Verify the total payout amount of R$ 792,187,938.17 and the per-share value of R$ 1.15900.
- Confirm the payment date of June 28, 2019, and the ex-interest date of April 30, 2019.
- Check if the interest on own capital is computed toward the mandatory minimum dividend requirement under Article 49 of the Company's Bylaws.
- Ensure banking instructions and tax identification numbers (CPF/CNPJ) are updated with Bradesco S.A. to avoid payment delays.
- Review withholding income tax obligations applicable to the distribution.