Banco Bradesco S.A. (BBDO) to Issue Dividend of $0.00 on November 8th

Banco Bradesco S.A. (NYSE:BBDO) announced a dividend on Tuesday, October 1st, investing.com reports. Shareholders of record on Friday, October 4th will be paid a dividend of 0.0024 per share by the bank on Friday, November 8th. This represents a yield of 1.15%. The ex-dividend date of this dividend is Thursday, October 3rd.

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

Banco Bradesco Price Performance

Banco Bradesco stock opened at $2.45 on Tuesday. The stock’s 50 day moving average price is $2.38 and its two-hundred day moving average price is $2.33. The stock has a market capitalization of $26.11 billion, a price-to-earnings ratio of 10.65 and a beta of 1.14. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 0.76. Banco Bradesco has a 52-week low of $1.95 and a 52-week high of $3.21.

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

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.