From the Brazilian taxpayer's pocket to the private shareholder: Petrobras was the second company that paid the most dividends in the world in 2022.
Survey proves that society's income has been drained by the state-owned company's pricing policy – something that must be changed in Lula's government.
247 - Petrobras' pricing policy, implemented by Michel Temer after the 2016 coup and which may be altered by President Luiz Inácio Lula da Silva, has in fact been draining the income of Brazilians and transferring these resources to Petrobras shareholders. Proof of this is a survey by the consulting firm Janus Henderson, which shows that the Brazilian state-owned company was the second highest dividend payer in the world in 2022.
"Petrobras was the second-highest dividend payer in the world in 2022, with US$21,7 billion, according to a report by the British asset manager Janus Henderson. The state-owned company, which was the only representative from Latin America among the top 20 companies in the publication, also showed the largest year-on-year growth in dividend distribution, with an increase of US$12,6 billion compared to 2021," it points out. reporter of Value.
"Driven by the rise in oil prices – Brent crude was traded above US$115 during the year – and by the federal government's decision to increase the distribution of dividends from state-owned companies to boost federal revenue, Petrobras only missed out on leading the global ranking due to a technicality. The mining company BHP, which held the top spot, had higher gross figures, but delivered a smaller net amount to its shareholders due to dividend taxation," the report adds.
The data confirms what has been said for several years: Petrobras' pricing policy and dividend distribution policy need to be changed.