Banco Bradesco S.A. (NYSE:BBDO - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.86 and traded as high as $2.00. Banco Bradesco shares last traded at $1.97, with a volume of 74,402 shares.
Banco Bradesco Stock Performance
The business has a 50-day moving average price of $1.86 and a 200-day moving average price of $2.16. 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 firm has a market capitalization of $21.55 billion, a price-to-earnings ratio of 7.79 and a beta of 1.09.
Banco Bradesco Cuts Dividend
The firm also recently declared a monthly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 5th will be issued a $0.0028 dividend. This represents a $0.03 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend is Wednesday, February 5th. Banco Bradesco's dividend payout ratio is presently 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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