BB Seguridade Participações (OTCMKTS:BBSEY) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

BB Seguridade Participações (OTCMKTS:BBSEY - Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02, Zacks reports. BB Seguridade Participações had a net margin of 85.43% and a return on equity of 73.91%. The firm had revenue of $448.84 million during the quarter.

BB Seguridade Participações Stock Down 5.5 %

BBSEY traded down $0.39 during midday trading on Friday, hitting $6.70. The company had a trading volume of 43,210 shares, compared to its average volume of 74,170. BB Seguridade Participações has a 52 week low of $5.38 and a 52 week high of $7.25. The company has a market capitalization of $13.40 billion, a price-to-earnings ratio of 8.07, a PEG ratio of 1.60 and a beta of 0.93. The stock's 50 day moving average price is $6.41 and its 200 day moving average price is $6.26.

BB Seguridade Participações Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a $0.3978 dividend. This is an increase from BB Seguridade Participações's previous dividend of $0.21. The ex-dividend date of this dividend is Friday, February 28th. BB Seguridade Participações's payout ratio is 51.81%.

BB Seguridade Participações Company Profile

BB Seguridade Participações SA, through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through Security and Brokerage segments. The Security segment offers life, property, rural, special risks and financial, transport, hulls, and housing people insurance products.