Banco Bradesco S.A. (BBDO) To Go Ex-Dividend on October 2nd

by · The Markets Daily

Banco Bradesco S.A. (NYSE:BBDO – Get Free Report) announced a monthly dividend on Friday, September 20th, Wall Street Journal reports. Shareholders of record on Wednesday, October 2nd will be given a dividend of 0.0032 per share by the bank on Wednesday, May 7th. This represents a $0.04 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Wednesday, October 2nd.

Banco Bradesco has raised its dividend payment by an average of 26.7% annually over the last three years.

Banco Bradesco Stock Performance

BBDO opened at $2.42 on Monday. The firm’s 50-day moving average price is $2.37 and its 200-day moving average price is $2.33. The company has a market cap of $25.79 billion, a P/E ratio of 10.52 and a beta of 1.14. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.62. Banco Bradesco has a 52-week low of $1.95 and a 52-week high of $3.21.

Banco Bradesco (NYSE:BBDO – Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The bank reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $9.64 billion during the quarter. Banco Bradesco had a net margin of 6.68% and a return on equity of 9.88%.

About Banco Bradesco

(Get Free Report)

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.

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