Itaú Unibanco Holding SA said its board declared interest on capital in the net amount of about 40.07 Brazilian centavos per share as a mandatory dividend related to its 2016 results.

The payment will be made by April 28, 2017, to shareholders of record as of Dec. 22, the bank said in a Dec. 9 filing.

As of Dec. 9, US$1 was equivalent to 3.36 Brazilian reais.