Banco Bradesco SA (BBDO) To Go Ex-Dividend on July 7th

Banco Bradesco SA (NYSE:BBDO) announced a dividend on Wednesday, June 24th. Shareholders of record on Tuesday, July 7th will be paid a dividend of 0.0609 per share by the bank on Monday, February 8th. This represents a yield of 408.0%. The ex-dividend date is Tuesday, July 7th.

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

Banco Bradesco Price Performance

Shares of BBDO stock opened at $2.95 on Friday. Banco Bradesco has a twelve month low of $2.37 and a twelve month high of $3.80. The stock has a market capitalization of $31.28 billion, a price-to-earnings ratio of 7.57 and a beta of 0.55. The stock has a fifty day simple moving average of $3.21 and a two-hundred day simple moving average of $3.25. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.17.

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

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.