Banco Bradesco SA (BBDO) to Issue Monthly Dividend of $0.00 on November 10th

by · The Markets Daily

Banco Bradesco SA (NYSE:BBDO – Get Free Report) announced a monthly dividend on Wednesday, September 9th. Stockholders of record on Monday, October 5th will be given a dividend of $0.0034 per share by the bank on Tuesday, November 10th. This represents a $0.04 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, October 5th. This is a 93.4% decrease from Banco Bradesco’s previous monthly dividend of $0.0518.

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

Banco Bradesco Stock Performance

Shares of BBDO stock opened at $3.18 on Friday. The company has a debt-to-equity ratio of 2.93, a quick ratio of 1.48 and a current ratio of 1.48. The stock has a market capitalization of $33.74 billion, a price-to-earnings ratio of 7.58 and a beta of 0.48. Banco Bradesco has a one year low of $2.65 and a one year high of $3.80. The company’s 50-day simple moving average is $3.14 and its 200-day simple moving average is $3.18.

Banco Bradesco Company Profile

(Get Free Report)

Banco Bradesco SA is a Brazilian financial services company that provides banking and related products to individuals, businesses and institutional clients. Its services include checking and savings accounts, consumer and commercial lending, credit and debit cards, payment services, foreign exchange, investment products and wealth management.

Through its operating businesses, Bradesco also provides insurance, pension and capitalization products, as well as investment banking and asset management services.

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