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.

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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)

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