Banco Bradesco S.A. (NYSE:BBDO – Get Free Report) declared a monthly dividend on Monday, June 17th, Wall Street Journal reports. Shareholders of record on Wednesday, July 3rd will be paid a dividend of 0.0321 per share by the bank on Thursday, August 8th. This represents a $0.39 dividend on an annualized basis and a yield of 19.08%. The ex-dividend date is Wednesday, July 3rd. This is a positive change from Banco Bradesco’s previous monthly dividend of $0.00335.
Banco Bradesco has increased its dividend by an average of 26.7% per year over the last three years.
Banco Bradesco Stock Performance
Shares of BBDO stock opened at $2.02 on Tuesday. The business’s 50-day moving average price is $2.26 and its 200-day moving average price is $2.55. Banco Bradesco has a 12 month low of $2.00 and a 12 month high of $3.21. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $21.53 billion, a price-to-earnings ratio of 8.78 and a beta of 1.16.
About Banco Bradesco
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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