Therefore, the total interest on own capital to be paid on March 3, 2017, net of income tax, will be R$ 1.05978 per share.
Adding the amount already distributed during the fiscal year 2016 to the amount that will be distributed on March 3, 2017, the Company's shareholders will receive R$ 1.5789 per share (net of income tax), totaling R$10.0 billion in dividends and interest on own capital, an amount which equals 45% of the recurring consolidated net income(**) for 2016, an increase of 36.9% compared to fiscal year 2015.
Investor Relations Officer
(*)Net payout range is subject to changes due to mergers and acquisitions, tax regulation changes, regulatory changes and significant changes in risk-weighted assets (RWA). Events that may change net payout described above are not exhaustive, that is, they are examples of situations that may affect payout. Net payout range is subject to changes, but always considering the minimum distribution provided for in our bylaws.
(**) If we consider the consolidated net income, the payout was increased from 31.3% in 2015 to 46.2% in 2016.
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SOURCE Itau Unibanco Holding S.A.