Banco Bradesco SA (NYSE:BBDO) to Issue Monthly Dividend of $0.00

Banco Bradesco SA (NYSE:BBDO) announced a monthly dividend on Tuesday, July 14th. Investors of record on Wednesday, August 5th will be given a dividend of 0.0034 per share by the bank on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, August 5th.

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

Banco Bradesco Stock Down 0.1%

NYSE BBDO traded down $0.00 on Wednesday, hitting $3.18. The stock had a trading volume of 44,931 shares, compared to its average volume of 73,764. The business’s fifty day moving average price is $3.07 and its 200 day moving average price is $3.26. The stock has a market cap of $33.66 billion, a price-to-earnings ratio of 8.14 and a beta of 0.56. 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 has a 52-week low of $2.37 and a 52-week high of $3.80.

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

Banco Bradesco Company Profile

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.