Banco Bradesco SA (NYSE:BBDO) Announces $0.00 Monthly Dividend

Banco Bradesco SA (NYSE:BBDO) announced a monthly dividend on Wednesday, September 9th. Stockholders of record on Monday, October 5th will be given a dividend of 0.0034 per share by the bank on Tuesday, November 10th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, October 5th.

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

Banco Bradesco Stock Up 1.6%

BBDO traded up $0.05 during midday trading on Thursday, reaching $3.19. 46,783 shares of the company were exchanged, compared to its average volume of 77,594. Banco Bradesco has a one year low of $2.65 and a one year high of $3.80. The company has a market cap of $33.80 billion, a price-to-earnings ratio of 7.60 and a beta of 0.54. The company has a debt-to-equity ratio of 2.93, a quick ratio of 1.48 and a current ratio of 1.48. The company’s fifty day moving average price is $3.13 and its 200 day moving average price is $3.22.

About Banco Bradesco

Banco Bradesco SA is a Brazilian financial services company headquartered in Osasco, São Paulo. Founded in 1943 in Marília, São Paulo, the institution has grown into one of Brazil’s major banking groups, serving individuals, businesses, corporate clients and public-sector organizations through a broad network of physical and digital channels.

Bradesco offers a range of financial products and services, including checking and savings accounts, consumer and commercial lending, credit and debit cards, payment solutions, investments, brokerage services, asset management and private banking.