Banco Bradesco S.A. (NYSE:BBDO - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $1.79 and last traded at $1.80, with a volume of 8951 shares trading hands. The stock had previously closed at $1.85.
Banco Bradesco Price Performance
The company has a market capitalization of $20.04 billion, a price-to-earnings ratio of 7.12 and a beta of 1.11. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.36. The company has a 50 day moving average price of $2.14 and a 200 day moving average price of $2.23.
Banco Bradesco Increases Dividend
The firm also recently announced a monthly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Wednesday, December 4th will be given a dividend of $0.003 per share. The ex-dividend date is Wednesday, December 4th. This is an increase from Banco Bradesco's previous monthly dividend of $0.00. This represents a $0.04 dividend on an annualized basis and a yield of 1.92%. Banco Bradesco's dividend payout ratio is presently 7.69%.
About Banco Bradesco
(
Get Free Report)
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.
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