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BRB-Banco de Brasília approves dividend payment

BRB-Banco de Brasília SA's board of directors approved a payment of about 15.5 million Brazilian reais as dividends for the second half of 2017, according to a March 5 release.

The amount corresponds to 46.0484668 centavos per common share and 41.8622425 centavos per preferred share. Shareholders will be entitled to the dividends as of March 8.

As of March 5, US$1 was equivalent to 3.25 Brazilian reais.