Banco Bradesco S.A. Declares Monthly Dividend of $0.00 (NYSE:BBDO)

Banco Bradesco S.A. (NYSE:BBDO) declared a monthly dividend on Friday, September 20th, Wall Street Journal reports. Shareholders of record on Wednesday, October 2nd will be paid a dividend of 0.0032 per share by the bank on Wednesday, May 7th. This represents a $0.04 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Wednesday, October 2nd.

Banco Bradesco has increased its dividend payment by an average of 26.7% per year over the last three years.

Banco Bradesco Stock Up 1.2 %

Shares of Banco Bradesco stock opened at $2.45 on Tuesday. Banco Bradesco has a 1 year low of $1.95 and a 1 year high of $3.21. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.76 and a quick ratio of 0.76. The company has a 50-day moving average of $2.38 and a 200 day moving average of $2.33. The firm has a market cap of $26.11 billion, a price-to-earnings ratio of 10.65 and a beta of 1.14.

Banco Bradesco (NYSE:BBDO) last announced its quarterly earnings data on Monday, August 5th. The bank reported $0.09 EPS for the quarter. The company had revenue of $9.64 billion for the quarter. Banco Bradesco had a net margin of 6.68% and a return on equity of 9.88%.

Banco Bradesco Company Profile

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.