Banco Bradesco S.A. (NYSE:BBDO – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $2.30 and last traded at $2.30, with a volume of 2722 shares changing hands. The stock had previously closed at $2.33.
Banco Bradesco Trading Down 1.0 %
The stock has a market cap of $24.53 billion, a PE ratio of 10.99 and a beta of 1.10. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a fifty day moving average price of $2.51 and a 200 day moving average price of $2.70.
Banco Bradesco Cuts Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, June 10th. Investors of record on Monday, May 6th will be paid a dividend of $0.0033 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Friday, May 3rd. Banco Bradesco’s dividend payout ratio is currently 9.52%.
Institutional Trading of Banco Bradesco
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.
See Also
- Five stocks we like better than Banco Bradesco
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Hasbro’s Management Made All the Right Calls This Quarter
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- Insider Buying Explained: What Investors Need to Know
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for Banco Bradesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bradesco and related companies with MarketBeat.com's FREE daily email newsletter.