Banco Bradesco SA (BBDO) to Issue Monthly Dividend of $0.00 on March 9th

Banco Bradesco SA (NYSE:BBDO) announced a monthly dividend on Wednesday, January 14th. Shareholders of record on Wednesday, February 4th will be paid a dividend of 0.0032 per share by the bank on Monday, March 9th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, February 4th. This is a 2.7% increase from Banco Bradesco’s previous monthly dividend of $0.003122.

Banco Bradesco has decreased its dividend payment by an average of 0.2%per year over the last three years.

Banco Bradesco Stock Performance

Shares of BBDO opened at $3.04 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.64. Banco Bradesco has a 52-week low of $1.80 and a 52-week high of $3.31. The company has a 50-day simple moving average of $3.03 and a 200-day simple moving average of $2.82. The company has a market capitalization of $32.14 billion, a PE ratio of 8.67 and a beta of 0.60.

About Banco Bradesco

Banco Bradesco SA is a major Brazilian commercial bank and financial services company headquartered in Osasco, São Paulo. Founded in 1943 by Amador Aguiar, Bradesco has grown into one of Brazil’s largest private-sector banks, serving individual, small-business and corporate clients through an extensive network of branches, correspondents and digital channels.

The bank’s operations span retail and commercial banking products including deposit accounts, payment services, lending (personal, mortgage and corporate), credit cards and cash management.