Banco Bradesco S.A. Declares Monthly Dividend of $0.00 (NYSE:BBDO)

Banco Bradesco S.A. (NYSE:BBDO) announced a monthly dividend on Friday, September 20th, Wall Street Journal reports. Shareholders of record on Wednesday, October 2nd will be given a dividend of 0.0032 per share by the bank on Wednesday, May 7th. This represents a $0.04 annualized dividend and a yield of 1.54%. The ex-dividend date is Wednesday, October 2nd.

Banco Bradesco has raised its dividend payment by an average of 26.7% annually over the last three years.

Banco Bradesco Stock Up 1.2 %

Shares of NYSE:BBDO opened at $2.45 on Tuesday. Banco Bradesco has a fifty-two week low of $1.95 and a fifty-two week high of $3.21. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.62. The firm’s 50-day simple moving average is $2.38 and its 200-day simple moving average is $2.33. The company has a market cap of $26.11 billion, a price-to-earnings ratio of 10.65 and a beta of 1.14.

Banco Bradesco (NYSE:BBDO) last released its quarterly earnings data on Monday, August 5th. The bank reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $9.64 billion during the quarter. Banco Bradesco had a return on equity of 9.88% and a net margin of 6.68%.

Banco Bradesco Company Profile

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.