Banco Bradesco SA (NYSE:BBD) announced a special dividend on Wednesday, January 17th, NASDAQ reports. Shareholders of record on Monday, February 5th will be given a dividend of 0.005 per share by the bank on Monday, March 12th. This represents a yield of 0.000438212094653812%. The ex-dividend date of this dividend is Friday, February 2nd.

Shares of Banco Bradesco (BBD) opened at $13.08 on Friday. The firm has a market capitalization of $86,213.33, a P/E ratio of 17.44, a price-to-earnings-growth ratio of 1.14 and a beta of 1.72. Banco Bradesco has a 1-year low of $7.83 and a 1-year high of $13.09.

Banco Bradesco (NYSE:BBD) last released its quarterly earnings data on Tuesday, October 31st. The bank reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04. The company had revenue of $12.11 billion for the quarter, compared to the consensus estimate of $8.10 billion. Banco Bradesco had a return on equity of 17.71% and a net margin of 9.17%. equities research analysts predict that Banco Bradesco will post 0.82 EPS for the current fiscal year.

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised Banco Bradesco from a “neutral” rating to an “overweight” rating in a report on Monday, January 22nd. Citigroup raised Banco Bradesco from a “neutral” rating to a “buy” rating in a report on Thursday, January 18th. Zacks Investment Research downgraded Banco Bradesco from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Finally, ValuEngine downgraded Banco Bradesco from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 31st. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Banco Bradesco presently has a consensus rating of “Buy” and an average price target of $12.20.

TRADEMARK VIOLATION NOTICE: “Banco Bradesco SA (BBD) Declares $0.01 Special Dividend” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another publication, it was illegally copied and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this article can be accessed at

About Banco Bradesco

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.

Dividend History for Banco Bradesco (NYSE:BBD)

Receive News & Ratings for Banco Bradesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bradesco and related companies with's FREE daily email newsletter.