Banco Bradesco SA (BBDO) to Issue Monthly Dividend of $0.00 on October 8th

Banco Bradesco SA (NYSE:BBDO) declared a monthly dividend on Tuesday, August 11th. Stockholders of record on Thursday, September 3rd will be given a dividend of 0.0034 per share by the bank on Thursday, October 8th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 3rd. This is a 0.5% increase from Banco Bradesco’s previous monthly dividend of $0.003366.

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

Banco Bradesco Stock Down 1.0%

Shares of NYSE:BBDO opened at $3.00 on Tuesday. The stock has a market cap of $31.79 billion, a price-to-earnings ratio of 7.14 and a beta of 0.55. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.93. Banco Bradesco has a 12-month low of $2.57 and a 12-month high of $3.80. The business’s 50 day moving average is $3.11 and its 200 day moving average is $3.24.

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.