Banco Bradesco SA (BBDO) to Issue Monthly Dividend of $0.00 on May 14th

Banco Bradesco SA (NYSE:BBDO) announced a monthly dividend on Thursday, March 12th. Shareholders of record on Monday, April 6th will be given a dividend of 0.0033 per share by the bank on Thursday, May 14th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, April 6th. This is a 1.8% increase from Banco Bradesco’s previous monthly dividend of $0.003285.

Banco Bradesco has raised its dividend payment by an average of 0.3%per year over the last three years.

Banco Bradesco Stock Performance

Shares of Banco Bradesco stock opened at $3.35 on Friday. The firm has a market cap of $35.49 billion, a PE ratio of 8.59 and a beta of 0.61. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.97. Banco Bradesco has a 52 week low of $1.81 and a 52 week high of $3.77. The business’s fifty day simple moving average is $3.44 and its 200-day simple moving average is $3.14.

Banco Bradesco (NYSE:BBDO) last issued its quarterly earnings data on Friday, February 6th. The bank reported $0.11 earnings per share (EPS) for the quarter. Banco Bradesco had a net margin of 9.85% and a return on equity of 13.78%. The firm had revenue of $12.03 billion for the quarter.

Banco Bradesco Company Profile

Banco Bradesco SA is a major Brazilian commercial bank and financial services company headquartered in Osasco, São Paulo. Founded in 1943 by Amador Aguiar, Bradesco has grown into one of Brazil’s largest private-sector banks, serving individual, small-business and corporate clients through an extensive network of branches, correspondents and digital channels.

The bank’s operations span retail and commercial banking products including deposit accounts, payment services, lending (personal, mortgage and corporate), credit cards and cash management.