Banco Santander Brasil (BSBR) Announces Special Dividend of $0.03
Banco Santander Brasil (NASDAQ:BSBR) announced a special dividend on Thursday, January 2nd, AnalystRatings.Net reports. Stockholders of record on Thursday, January 9th will be paid a dividend of 0.0323 per share on Thursday, March 6th. This represents a dividend yield of 5.46%. The ex-dividend date is Tuesday, January 7th.
On the ratings front, analysts at Goldman Sachs Group Inc. downgraded shares of Banco Santander Brasil from a “neutral” rating to a “sell” rating in a research note to investors on Monday, December 9th.
Shares of Banco Santander Brasil (NASDAQ:BSBR) traded down 2.62% during mid-day trading on Thursday, hitting $5.94. 3,729,659 shares of the company’s stock traded hands. Banco Santander Brasil has a one year low of $5.56 and a one year high of $8.19. The stock’s 50-day moving average is $6.21 and its 200-day moving average is $6.33. The company has a market cap of $22.476 billion and a P/E ratio of 9.68.
Banco Santander Brasil SA (NASDAQ:BSBR) is a Brazil-based bank.
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