Owners of Telefonica Brasil S.A (NYSE: VIV) shares as of market close today will be eligible for a dividend of 66 cents per share. At a price of $26.22 as of 9:36 a.m. ET, the dividend yield is 7.1%. The average volume for Telefonica Brasil S.A has been 1.2 million shares per day over the past 30 days. Telefonica Brasil S.A has a market cap of $29.9 billion and is part of the telecommunications industry. Shares are up 7.7% year to date as of the close of trading on Monday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Telefonica Brasil S.A. provides fixed-line telecommunications services to residential and commercial customers in Brazil. The company has a P/E ratio of 6.48. TheStreet Ratings rates Telefonica Brasil S.A as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Telefonica Brasil S.A Ratings Report now.