Banco Bradesco S.A. (BBDO) to Issue Dividend of $0.00 on November 8th

Banco Bradesco S.A. (NYSE:BBDO) announced a dividend on Wednesday, October 2nd, investing.com reports. Investors of record on Friday, October 4th will be given a dividend of 0.0024 per share by the bank on Friday, November 8th. This represents a dividend yield of 1.16%. The ex-dividend date is Thursday, October 3rd.

Banco Bradesco has increased its dividend payment by an average of 26.7% per year over the last three years.

Banco Bradesco Stock Performance

Banco Bradesco stock traded up $0.01 during mid-day trading on Wednesday, reaching $2.44. The company’s stock had a trading volume of 9,390 shares, compared to its average volume of 21,556. The firm has a market cap of $26.01 billion, a price-to-earnings ratio of 10.61 and a beta of 1.14. Banco Bradesco has a twelve month low of $1.95 and a twelve month high of $3.21. The business has a 50 day moving average price of $2.40 and a 200-day moving average price of $2.33. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.62.

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

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.