Dividends and IOC

Marfrig´s mandatory dividend accounts for at least 25% of the adjusted net income, under the terms of the Brazilian Corporate Law and the Company’s By-laws, determined in the unconsolidated financial statements.

The Dividend History is described below:

 

Year of Reference Event Payment Date Total Gross Earnings / Share Net Earnings / Share
2007 IOC 9/5/2008 R$ 37.600.000,00 R$ 0,184360 R$ 0,156706
2009 IOC 15/12/2010  R$ 146.059.493,50 R$ 0,489936 R$ 0,416446
Dividends 15/12/2010 R$ 15.221.769,00 R$ 0,041645 R$ 0,041645
2010 IOC 15/12/2011 R$ 29.832.677,00 R$ 0,101265 R$ 0,086075
Dividends 15/12/2011 R$ 4.864.588,00 R$ 0,014036 R$ 0,014036