Banco Bradesco S.A. (NYSE:BBDO - Get Free Report) declared a monthly dividend on Tuesday, March 18th, Wall Street Journal reports. Shareholders of record on Wednesday, April 2nd will be given a dividend of 0.0361 per share by the bank on Friday, November 7th. This represents a $0.43 annualized dividend and a yield of 20.86%. The ex-dividend date is Wednesday, April 2nd. This is a 1,092.7% increase from Banco Bradesco's previous monthly dividend of $0.00303.
Banco Bradesco has decreased its dividend by an average of 15.5% annually over the last three years.
Banco Bradesco Trading Down 0.5 %
Shares of NYSE BBDO traded down $0.01 during midday trading on Friday, hitting $2.08. The stock had a trading volume of 128,010 shares, compared to its average volume of 37,345. The firm has a market cap of $22.13 billion, a P/E ratio of 6.93 and a beta of 1.04. Banco Bradesco has a fifty-two week low of $1.71 and a fifty-two week high of $2.67. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.01 and a quick ratio of 0.72. The company's 50-day simple moving average is $1.94 and its 200 day simple moving average is $2.06.
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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