Banco Bradesco S.A. (NYSE:BBDO) Declares — Dividend of $0.03

Banco Bradesco S.A. (NYSE:BBDO) declared a — dividend on Monday, December 23rd,Wall Street Journal reports. Stockholders of record on Friday, January 3rd will be given a dividend of 0.0329 per share by the bank on Monday, August 11th. This represents a dividend yield of 11.2%. The ex-dividend date is Friday, January 3rd.

Banco Bradesco has increased its dividend payment by an average of 26.7% per year over the last three years.

Banco Bradesco Stock Performance

BBDO traded down $0.04 during trading on Monday, hitting $1.79. The stock had a trading volume of 61,008 shares, compared to its average volume of 26,360. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.72 and a quick ratio of 0.72. The company has a 50 day moving average price of $2.09 and a 200-day moving average price of $2.22. Banco Bradesco has a one year low of $1.71 and a one year high of $3.20. The firm has a market cap of $19.05 billion, a price-to-earnings ratio of 6.88 and a beta of 1.11.

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 two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; overdraft and agribusiness loans; debit and business cards; financial and security services; consortium products; car, personal accident, dental, travel, and life insurance; investment products; pension products; foreign currency exchange services; capitalization bonds; and internet banking services.