Banco Bradesco S.A. (NYSE:BBDO - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $2.02, but opened at $1.93. Banco Bradesco shares last traded at $1.96, with a volume of 22,262 shares.
Banco Bradesco Stock Performance
The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.36. The stock has a fifty day moving average price of $1.86 and a two-hundred day moving average price of $2.15. The company has a market capitalization of $20.81 billion, a price-to-earnings ratio of 7.52 and a beta of 1.09.
Banco Bradesco Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 7th will be issued a $0.003 dividend. This is a positive change from Banco Bradesco's previous dividend of $0.00. The ex-dividend date is Friday, March 7th. Banco Bradesco's dividend payout ratio is 11.54%.
Banco Bradesco Company Profile
(
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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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