Banco Bradesco SA (BBD) Announces $0.01 Special Dividend
Banco Bradesco SA (NYSE:BBD) announced a special dividend on Wednesday, July 12th, Wall Street Journal reports. Investors of record on Friday, August 4th will be paid a dividend of 0.0058 per share by the bank on Friday, September 8th. This represents a yield of 7.47%. The ex-dividend date is Wednesday, August 2nd.
Shares of Banco Bradesco SA (NYSE:BBD) remained flat at $9.90 during midday trading on Friday. The company’s stock had a trading volume of 8,195,203 shares. The company has a market cap of $60.24 billion, a P/E ratio of 10.53 and a beta of 1.78. The stock has a 50-day moving average price of $8.77 and a 200-day moving average price of $9.14. Banco Bradesco SA has a one year low of $7.15 and a one year high of $10.37.
WARNING: “Banco Bradesco SA (BBD) Announces $0.01 Special Dividend” was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another website, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The correct version of this report can be read at https://www.thecerbatgem.com/2017/08/07/banco-bradesco-sa-announces-special-dividend-of-0-01-bbd-updated-updated-updated.html.
BBD has been the topic of several research reports. Zacks Investment Research downgraded shares of Banco Bradesco SA from a “buy” rating to a “hold” rating in a report on Friday, May 5th. BidaskClub downgraded shares of Banco Bradesco SA from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. ValuEngine upgraded shares of Banco Bradesco SA from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Finally, Scotiabank upgraded shares of Banco Bradesco SA from a “sector perform” rating to an “outperform” rating in a report on Wednesday, June 28th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $10.65.
About Banco Bradesco SA
Banco Bradesco SA is a commercial bank. The Bank offers a range of banking and financial products and services in Brazil and abroad to individuals, large, mid-sized and small companies, and local and international corporations and institutions. Its segments include Financial; Insurance and Capitalization bonds; Pension plans, and Other Activities.
Receive News & Stock Ratings for Banco Bradesco SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bradesco SA and related stocks with our FREE daily email newsletter.