{"id":825734,"date":"2025-03-13T17:00:20","date_gmt":"2025-03-13T21:00:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/afya-limited-announces-first-dividend-distribution-of-r129-8-million\/"},"modified":"2025-03-13T17:00:20","modified_gmt":"2025-03-13T21:00:20","slug":"afya-limited-announces-first-dividend-distribution-of-r129-8-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/afya-limited-announces-first-dividend-distribution-of-r129-8-million\/","title":{"rendered":"Afya Limited Announces First Dividend Distribution of R$129.8 Million"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Afya Limited Announces First Dividend Distribution of R$129.8 Million<\/b><\/p>\n<p>NOVA LIMA, Brazil&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>Afya Limited (Nasdaq: AFYA; B3: A2FY34) (&#8220;Afya&#8221; or the &#8220;Company&#8221;),<\/b> Brazil\u2019s leading medical education group and provider of medical practice solutions, announced that its board of directors (the \u201cBoard\u201d) approved its first distribution of a cash dividend.\n<\/p>\n<p>\nOn March 12, 2025, Afya&#8217;s Board declared a cash dividend of R$129.8 million, representing 20% of the Company\u2019s consolidated net income of R$648.9 million for the year ended December 31, 2024. This amounts to a dividend per share (DPS) of R$1.348923, payable in U.S. dollars on April 4, 2025, to shareholders of record as of the close of business on March 26, 2025. The payment will be made at the exchange rate (PTAX) published on March 13, 2025 by the Brazilian Central Bank, which is R$\/USD 5.8131.\n<\/p>\n<p>\n\u201cWe are pleased to reinforce our commitment to returning value to shareholders,\u201d said Luis Blanco, Afya\u2019s CFO. \u201cThe approval of the dividend distribution highlights our disciplined capital allocation and efficient capital structure. Even with a 20% distribution of our 2024 consolidated net income, we remain confident in our long-term growth and value creation strategy, with no changes to our guidance of growth.\u201d\n<\/p>\n<p><strong>About Afya Limited (Nasdaq: AFYA, B3: A2FY34)<\/strong><\/p>\n<p>\nAfya is a leading medical education group in Brazil based on the number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students and physicians to transform their ambitions into rewarding lifelong experiences from the moment they join us as medical students through their medical residency preparation, graduation program, continuing medical education activities and offering medical practice solutions to help doctors enhance their healthcare services through their whole career.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250313876099r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250313876099\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250313876099\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations Contact:<br \/>\n<br \/>Afya Limited<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@afya.com.br\">ir@afya.com.br<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Latin America North America United States Brazil South America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Education Health Other Health General Health Continuing University Training<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250313876099\/en\/1927844\/3\/AF-LOGO-AFYA-POSITIVO.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Afya Limited Announces First Dividend Distribution of R$129.8 Million NOVA LIMA, Brazil&#8211;(BUSINESS WIRE)&#8211;Afya Limited (Nasdaq: AFYA; B3: A2FY34) (&#8220;Afya&#8221; or the &#8220;Company&#8221;), Brazil\u2019s leading medical education group and provider of medical practice solutions, announced that its board of directors (the \u201cBoard\u201d) approved its first distribution of a cash dividend. On March 12, 2025, Afya&#8217;s Board declared a cash dividend of R$129.8 million, representing 20% of the Company\u2019s consolidated net income of R$648.9 million for the year ended December 31, 2024. This amounts to a dividend per share (DPS) of R$1.348923, payable in U.S. dollars on April 4, 2025, to shareholders of record as of the close of business on March 26, 2025. The payment will be made at the exchange &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/afya-limited-announces-first-dividend-distribution-of-r129-8-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Afya Limited Announces First Dividend Distribution of R$129.8 Million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-825734","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Afya Limited Announces First Dividend Distribution of R$129.8 Million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/afya-limited-announces-first-dividend-distribution-of-r129-8-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afya Limited Announces First Dividend Distribution of R$129.8 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Afya Limited Announces First Dividend Distribution of R$129.8 Million NOVA LIMA, Brazil&#8211;(BUSINESS WIRE)&#8211;Afya Limited (Nasdaq: AFYA; B3: A2FY34) (&#8220;Afya&#8221; or the &#8220;Company&#8221;), Brazil\u2019s leading medical education group and provider of medical practice solutions, announced that its board of directors (the \u201cBoard\u201d) approved its first distribution of a cash dividend. On March 12, 2025, Afya&#8217;s Board declared a cash dividend of R$129.8 million, representing 20% of the Company\u2019s consolidated net income of R$648.9 million for the year ended December 31, 2024. This amounts to a dividend per share (DPS) of R$1.348923, payable in U.S. dollars on April 4, 2025, to shareholders of record as of the close of business on March 26, 2025. 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