Petrobras pledges $1.6B dividend payout despite surprise Q4 loss (PBR:NYSE)


Joa_Souza/iStock Unreleased via Getty Images

Petrobras (NYSE:PBR) -4.6% post-market Wednesday after saying it plans to distribute 9.1B reais (~$1.6B) in ordinary dividends despite posting an unexpected Q4 loss due to non-recurring events including the accounting impact of a sharp devaluation of the Brazilian currency.

Petrobras (


Leave a Comment