Banco Bradesco S.A. (NYSE:BBDO) to Issue $0.00 Monthly Dividend

Banco Bradesco S.A. (NYSE:BBDO) declared a monthly dividend on Friday, January 10th,Wall Street Journal reports. Stockholders of record on Wednesday, February 5th will be paid a dividend of 0.0028 per share by the bank on Wednesday, March 12th. This represents a $0.03 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date is Wednesday, February 5th.

Banco Bradesco has decreased its dividend by an average of 18.4% annually over the last three years.

Banco Bradesco Price Performance

NYSE:BBDO traded down $0.02 during mid-day trading on Friday, reaching $1.76. 33,476 shares of the stock were exchanged, compared to its average volume of 45,213. The business has a fifty day moving average price of $1.95 and a 200 day moving average price of $2.18. The firm has a market capitalization of $18.73 billion, a PE ratio of 6.77 and a beta of 1.09. Banco Bradesco has a 1-year low of $1.71 and a 1-year high of $3.03. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.36.

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.