Unibanco's policy is to distribute 35% of earnings, after a 5% legal reserve, in the form of dividends, above the minimum of 25% stipulated by Brazilian laws. At Unibanco Holdings, the policy is to distribute as cash dividends 20% of total earnings, after setting aside a
legal reserve, until is reaches 20% of
total equity.
Unibanco in 2004 paid a net amount of R$448 million in interest on capital stock, a value 24% higher than in the previous year.
