Banco Bradesco S.A. (NYSE:BBDO) to Issue Dividend Increase - $0.00 Per Share

Banco Bradesco S.A. (NYSE:BBDO - Get Free Report) declared a monthly dividend on Thursday, February 6th,NASDAQ Dividends reports. Stockholders of record on Friday, March 7th will be paid a dividend of 0.003 per share by the bank on Friday, April 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Friday, March 7th. This is an increase from Banco Bradesco's previous monthly dividend of $0.002567.

Banco Bradesco has decreased its dividend by an average of 18.4% annually over the last three years.

Banco Bradesco Stock Performance

Shares of Banco Bradesco stock traded down $0.03 on Monday, reaching $1.95. 36,449 shares of the stock were exchanged, compared to its average volume of 58,371. Banco Bradesco has a twelve month low of $1.71 and a twelve month high of $2.71. 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 $20.75 billion, a price-to-earnings ratio of 7.50 and a beta of 1.09. The business has a 50 day moving average price of $1.86 and a two-hundred day moving average price of $2.15.

About Banco Bradesco

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.