Companhia Paranaense de Energia - COPEL’s U.S.-listed ADS (ELPC) is trading higher as investors react to the company’s confirmed 2026 cash return plan via an interest-on-equity (IoE) distribution totaling R$706 million. The company set April 29, 2026 as the record date, meaning shareholders on record that day are entitled to receive the payment, with the stock trading ex-dividend starting April 30, 2026.

Copel’s board-approved IoE distribution is scheduled to be paid on September 30, 2026, and is based on retained earnings reported as of December 31, 2025. The company disclosed a gross amount per common share of R$0.23770345099, and noted that withholding tax on interest income increased to 17.5% effective January 1, 2026, which impacts net proceeds to eligible holders.

For income-focused investors, Copel’s large, dated cash distribution provides a clear catalyst and calendar: record date (April 29, 2026), ex-dividend date (April 30, 2026), and payment date (September 30, 2026). Even when a stock goes ex-dividend, the announcement and confirmation of a sizable shareholder return can still support buying interest—particularly if market participants view the payout as evidence of balance-sheet capacity and ongoing capital-return discipline.