Banco Bradesco S.A. (NYSE:BBDO - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $1.80, but opened at $1.76. Banco Bradesco shares last traded at $1.80, with a volume of 23,973 shares traded.
Banco Bradesco Trading Down 0.6 %
The stock has a market cap of $19.05 billion, a price-to-earnings ratio of 6.88 and a beta of 1.11. The business's 50 day moving average is $2.04 and its 200 day moving average is $2.21. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.72 and a quick ratio of 0.72.
Banco Bradesco Cuts Dividend
The firm also recently disclosed a -- dividend, which will be paid on Monday, August 11th. Shareholders of record on Friday, January 3rd will be given a dividend of $0.0329 per share. This represents a yield of 11.2%. The ex-dividend date is Friday, January 3rd. Banco Bradesco's payout ratio is currently 7.69%.
About Banco Bradesco
(
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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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