Banco Bradesco SA (ADR) Plans Special Dividend of $0.01 (BBD)
Banco Bradesco SA (NYSE:BBD) announced a special dividend on Wednesday, August 20th, StockRatingsNetwork reports. Stockholders of record on Thursday, September 4th will be paid a dividend of 0.0092 per share on Wednesday, October 8th. The ex-dividend date is Tuesday, September 2nd.
On a related note, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Banco Bradesco SA in a research note on Friday, July 25th. They now have a $16.00 price target on the stock, up previously from $14.00.
Shares of Banco Bradesco SA (NYSE:BBD) traded up 0.36% on Wednesday, hitting $16.65. 6,708,473 shares of the company’s stock traded hands. Banco Bradesco SA has a one year low of $10.23 and a one year high of $16.68. The stock has a 50-day moving average of $15.33 and a 200-day moving average of $14.06. The company has a market cap of $69.853 billion and a price-to-earnings ratio of 11.51.
Banco Bradesco SA (NYSE:BBD) last announced its earnings results on Monday, August 4th. The company reported $0.40 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.38 by $0.02. On average, analysts predict that Banco Bradesco SA will post $1.52 earnings per share for the current fiscal year.
Banco Bradesco SA (NYSE:BBD) is a Brazil-based bank.
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