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

Banco Bradesco SA (NYSE:BBDO) announced a monthly dividend on Tuesday, April 7th. Stockholders of record on Wednesday, May 6th will be given a dividend of 0.0033 per share by the bank on Monday, June 8th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, May 6th. This is a 0.1% increase from Banco Bradesco’s previous monthly dividend of $0.003343.

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

Banco Bradesco Stock Up 4.3%

BBDO stock opened at $3.48 on Thursday. The stock has a market capitalization of $36.92 billion, a P/E ratio of 8.93 and a beta of 0.61. The firm has a 50-day simple moving average of $3.43 and a 200-day simple moving average of $3.15. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.97. Banco Bradesco has a 52 week low of $1.81 and a 52 week high of $3.77.

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

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.