Banco Bradesco SA (NYSE:BBDO – Get Free Report) declared a monthly dividend on Wednesday, September 9th. Stockholders of record on Monday, October 5th will be paid 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 is Monday, October 5th.
Banco Bradesco has raised its dividend by an average of 0.3%per year over the last three years.
Banco Bradesco Price Performance
Shares of BBDO traded up $0.05 during trading hours on Thursday, reaching $3.19. 46,783 shares of the company traded hands, compared to its average volume of 77,594. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.93. The stock has a market capitalization of $33.80 billion, a PE ratio of 7.60 and a beta of 0.54. Banco Bradesco has a fifty-two week low of $2.65 and a fifty-two week high of $3.80. The stock has a fifty day simple moving average of $3.13 and a 200 day simple moving average of $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.
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