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

Banco Bradesco SA (NYSE:BBDO) announced a monthly dividend on Monday, May 11th. Investors of record on Wednesday, June 3rd will be paid a dividend of 0.0035 per share by the bank on Thursday, July 9th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Wednesday, June 3rd. This is a 5.3% increase from Banco Bradesco’s previous monthly dividend of $0.003346.

Banco Bradesco has raised its dividend payment by an average of 0.3%per year over the last three years.

Banco Bradesco Price Performance

Shares of NYSE:BBDO opened at $3.15 on Monday. The company’s fifty day moving average price is $3.34 and its 200 day moving average price is $3.27. Banco Bradesco has a 12 month low of $2.37 and a 12 month high of $3.80. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market capitalization of $33.42 billion, a P/E ratio of 8.09 and a beta of 0.56.

Banco Bradesco (NYSE:BBDO) last issued its quarterly earnings data on Wednesday, May 6th. The bank reported $0.12 earnings per share (EPS) for the quarter. Banco Bradesco had a net margin of 8.95% and a return on equity of 14.15%. The company had revenue of $13.07 billion for the quarter.

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.