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

Banco Bradesco S.A. (NYSE:BBDO) announced a — dividend on Monday, December 23rd,Wall Street Journal reports. Stockholders of record on Friday, January 3rd will be paid 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 by an average of 26.7% per year over the last three years.

Banco Bradesco Price Performance

NYSE:BBDO traded down $0.04 during mid-day trading on Monday, reaching $1.79. 61,008 shares of the company were exchanged, compared to its average volume of 26,360. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.36. The stock has a market cap of $19.05 billion, a PE ratio of 6.88 and a beta of 1.11. Banco Bradesco has a 12 month low of $1.71 and a 12 month high of $3.20. The company has a fifty day moving average of $2.09 and a 200 day moving average of $2.22.

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.