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

Banco Bradesco SA (NYSE:BBDO) declared a monthly dividend on Thursday, February 5th. Investors of record on Wednesday, March 4th will be given a dividend of 0.0033 per share by the bank on Wednesday, April 8th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, March 4th. This is a 2.5% increase from Banco Bradesco’s previous monthly dividend of $0.003206.

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

Banco Bradesco Stock Up 1.2%

Shares of NYSE:BBDO opened at $3.69 on Monday. Banco Bradesco has a 1 year low of $1.80 and a 1 year high of $3.77. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.45 and a quick ratio of 1.12. The business’s 50-day moving average is $3.31 and its 200-day moving average is $3.04.

Banco Bradesco (NYSE:BBDO) last issued its quarterly earnings results on Friday, February 6th. The bank reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $12.03 billion for the quarter. Banco Bradesco had a return on equity of 13.78% and a net margin of 9.85%.

Institutional Trading of Banco Bradesco

Institutional investors have recently bought and sold shares of the stock. Caprock Group LLC purchased a new stake in shares of Banco Bradesco in the 3rd quarter worth $410,000. D Orazio & Associates Inc. raised its holdings in shares of Banco Bradesco by 432.0% in the second quarter. D Orazio & Associates Inc. now owns 66,606 shares of the bank’s stock valued at $182,000 after acquiring an additional 54,085 shares in the last quarter. Savant Capital LLC purchased a new stake in Banco Bradesco in the second quarter worth about $51,000. Cetera Investment Advisers purchased a new stake in Banco Bradesco in the fourth quarter worth about $32,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in Banco Bradesco by 79.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,067,093 shares of the bank’s stock worth $8,803,000 after acquiring an additional 1,360,089 shares in the last quarter.

Banco Bradesco Company Profile

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.