Banco Bradesco S.A. (BBDO) To Go Ex-Dividend on July 2nd

Banco Bradesco S.A. (NYSE:BBDO) announced a — dividend on Wednesday, June 9th, Wall Street Journal reports. Shareholders of record on Tuesday, July 6th will be given a dividend of 0.0034 per share by the bank on Monday, August 9th. This represents a yield of 1.8%. The ex-dividend date of this dividend is Friday, July 2nd. This is an increase from Banco Bradesco’s previous — dividend of $0.00328.

Shares of NYSE BBDO opened at $4.75 on Friday. Banco Bradesco has a twelve month low of $3.09 and a twelve month high of $4.90. The stock has a market cap of $46.17 billion, a price-to-earnings ratio of 13.71 and a beta of 1.26. The stock has a 50 day moving average price of $4.12.

Banco Bradesco (NYSE:BBDO) last announced its earnings results on Wednesday, May 5th. The bank reported $0.12 earnings per share for the quarter. The business had revenue of $5.52 billion during the quarter. Banco Bradesco had a net margin of 18.54% and a return on equity of 15.57%.

A hedge fund recently raised its stake in Banco Bradesco stock. Morgan Stanley boosted its stake in Banco Bradesco S.A. (NYSE:BBDO) by 7.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 107,621 shares of the bank’s stock after purchasing an additional 7,244 shares during the quarter. Morgan Stanley’s holdings in Banco Bradesco were worth $440,000 as of its most recent SEC filing.

About Banco Bradesco

Banco Bradesco SA, together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through The Banking, and The Insurance. The company offers leasing, investment banking, brokerage, and consortium management services, overdrafts, as well as credit cards, real estate products, pension plans, and capitalization bonds.

See Also: What Are Cryptocurrencies?

Dividend History for Banco Bradesco (NYSE:BBDO)

Receive News & Ratings for Banco Bradesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bradesco and related companies with MarketBeat.com's FREE daily email newsletter.