Banco Bradesco S.A. (BBDO) to Issue Monthly Dividend of $0.00 on March 12th

Banco Bradesco S.A. (NYSE:BBDO) declared a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Shareholders of record on Wednesday, February 5th will be paid a dividend of 0.0028 per share by the bank on Wednesday, March 12th. This represents a $0.03 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Wednesday, February 5th.

Banco Bradesco has decreased its dividend payment by an average of 18.4% per year over the last three years.

Banco Bradesco Stock Up 0.5 %

Shares of Banco Bradesco stock opened at $1.97 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.36. The company’s fifty day simple moving average is $1.86 and its two-hundred day simple moving average is $2.16. The company has a market cap of $20.97 billion, a P/E ratio of 7.58 and a beta of 1.09. Banco Bradesco has a 12-month low of $1.71 and a 12-month high of $2.96.

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.