Banco Bradesco SA (BBDO) to Issue Monthly Dividend of $0.00 on August 13th

Banco Bradesco SA (NYSE:BBDO) declared a monthly dividend on Tuesday, June 16th. Shareholders of record on Monday, July 6th will be paid a dividend of 0.0034 per share by the bank on Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, July 6th.

Banco Bradesco has increased its dividend payment by an average of 0.3%annually over the last three years.

Banco Bradesco Trading Down 1.7%

Shares of BBDO stock opened at $2.95 on Thursday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.16 and a current ratio of 1.16. Banco Bradesco has a 1 year low of $2.37 and a 1 year high of $3.80. The stock has a fifty day moving average of $3.28 and a two-hundred day moving average of $3.26. The firm has a market capitalization of $31.26 billion, a PE ratio of 7.56 and a beta of 0.55.

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