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Petrobras Policy Confirms Political CapEx Priority, Slashing Minimum Dividend Payout to 45% FCF

Petrobras (PETR4) cut its minimum dividend payout to 45% of Free Cash Flow, confirming the Lula administration's push for investment over returns.

By Eleanor Shaw

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Petrobras Policy Confirms Political CapEx Priority, Slashing Minimum Dividend Payout to 45% FCF
Photo: Senado FederalCC BY 2.0Wikimedia Commons
PETR4+0.24%

Petrobras (PETR4) cut its minimum dividend payout to 45% of Free Cash Flow, confirming the Lula administration's push for investment over returns.

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