Banco Bradesco SA (BBDO) to Distribute Monthly Dividend of $0.00 on August 13th

Banco Bradesco SA (NYSE:BBDO) declared a monthly dividend on Tuesday, June 16th. Shareholders of record on Monday, July 6th will be given a dividend of 0.0034 per share by the bank on Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, July 6th.

Banco Bradesco has increased its dividend payment by an average of 0.3%per year over the last three years.

Banco Bradesco Price Performance

Banco Bradesco stock opened at $2.96 on Friday. Banco Bradesco has a 12-month low of $2.37 and a 12-month high of $3.80. The stock has a market capitalization of $31.37 billion, a P/E ratio of 7.59 and a beta of 0.56. The firm’s 50-day moving average is $3.12 and its two-hundred day moving average is $3.25. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.16 and a quick ratio of 1.16.

Banco Bradesco (NYSE:BBDO) last posted its quarterly earnings data on Wednesday, May 6th. The bank reported $0.12 earnings per share for the quarter. The business had revenue of $13.07 billion during the quarter. Banco Bradesco had a net margin of 8.95% and a return on equity of 14.15%.

About Banco Bradesco

Banco Bradesco SA is a major Brazilian commercial bank and financial services company headquartered in Osasco, São Paulo. Founded in 1943 by Amador Aguiar, Bradesco has grown into one of Brazil’s largest private-sector banks, serving individual, small-business and corporate clients through an extensive network of branches, correspondents and digital channels.

The bank’s operations span retail and commercial banking products including deposit accounts, payment services, lending (personal, mortgage and corporate), credit cards and cash management.