Banco Bradesco S.A. (NYSE:BBDO - Get Free Report) announced a -- dividend on Monday, December 23rd,Wall Street Journal reports. Investors of record on Friday, January 3rd will be given a dividend of 0.0329 per share by the bank on Monday, August 11th. This represents a yield of 11.2%. The ex-dividend date is Friday, January 3rd.
Banco Bradesco has raised its dividend payment by an average of 26.7% per year over the last three years.
Banco Bradesco Price Performance
BBDO traded down $0.04 during trading on Monday, hitting $1.79. The company's stock had a trading volume of 61,008 shares, compared to its average volume of 26,360. 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 market capitalization of $19.05 billion, a price-to-earnings ratio of 6.88 and a beta of 1.11. The firm's 50 day moving average price is $2.09 and its two-hundred day moving average price is $2.22. Banco Bradesco has a 12 month low of $1.71 and a 12 month high of $3.20.
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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