Banco Bradesco SA (NYSE:BBDO) to Issue Dividend Increase – $0.00 Per Share

Banco Bradesco SA (NYSE:BBDO) announced a monthly dividend on Wednesday, January 14th. Investors of record on Wednesday, February 4th will be paid a dividend of 0.0032 per share by the bank on Monday, March 9th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Wednesday, February 4th. This is a 2.7% increase from Banco Bradesco’s previous monthly dividend of $0.003122.

Banco Bradesco has decreased its dividend payment by an average of 0.2%per year over the last three years.

Banco Bradesco Stock Up 0.5%

BBDO traded up $0.02 on Thursday, hitting $3.04. The company had a trading volume of 35,663 shares, compared to its average volume of 67,298. The stock has a market capitalization of $32.30 billion, a price-to-earnings ratio of 8.67 and a beta of 0.60. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a fifty day moving average price of $3.03 and a 200-day moving average price of $2.82. Banco Bradesco has a 12-month low of $1.80 and a 12-month high of $3.31.

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.