Copasa, Petrobras and Other Companies Pay Dividends This Week
Listen to the story
Ten Brazilian companies have announced dividend payments this week, according to a report.
A dividend is a payment that a company gives to its shareholders. This money usually comes from the company's profit.
Among the companies paying dividends this week are Copasa (CSMG3) and Petrobras (PETR3;PETR4).
Copasa is a water company, and Petrobras is a large oil company in Brazil.
Five other companies are also making dividend payments this week, bringing the total to seven.
In total, ten companies have announced dividend payments for this week.
There is also information about a separate group of companies. Vale (VALE3) and nine other firms have set payment dates for dividends in the near future.
A financial calendar lists these dates so investors can plan ahead.
Investors often check these calendars closely, since dividend payments can be an important part of their income.
For people who own shares in these companies, checking the payment schedule helps them understand when they will receive money.
The report does not give exact dividend amounts or specific payment dates for each company.
It simply confirms that these firms are among those distributing dividends this week.
Vocabulary10 words
- dividend
- money a company pays to people who own its shares
- shareholder
- a person who owns part of a company
- profit
- money a company makes after paying its costs
- calendar
- a list of important dates
- investor
- a person who puts money into something hoping to earn more
- share
- a small part of a company that can be bought or owned
- financial
- related to money
- distribute
- to give something to many people
- income
- money that a person or company receives
- schedule
- a plan that shows when things will happen
Quiz
Answer key
1. Dividend payments 2. Copasa and Petrobras 3. False
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Ten Brazilian companies have announced _____ payments this week, according to a report.
A dividend is a payment that a company gives to its _____.
Among the companies paying dividends this week are Copasa (CSMG3) and _____ (PETR3;PETR4).
Copasa is a water company, and Petrobras is a large _____ company in Brazil.
Five other companies are also making dividend payments this week, bringing the _____ to seven.
In total, ten companies have announced dividend payments for this _____.
Vale (VALE3) and nine other firms have set payment _____ for dividends in the near future.
A financial calendar lists these dates so _____ can plan ahead.
Investors often check these calendars closely, since dividend payments can be an important part of their _____.
For people who own _____ in these companies, checking the payment schedule helps them understand when they will receive money.