Banco Bradesco S.A. Announces Dividend of $0.00 (NYSE:BBDO)

Banco Bradesco S.A. (NYSE:BBDO) declared a dividend on Wednesday, October 2nd, investing.com reports. Stockholders 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

Shares of NYSE:BBDO traded up $0.01 during trading on Wednesday, reaching $2.44. 9,390 shares of the company’s stock traded hands, compared to its average volume of 21,556. The stock has a market capitalization of $26.01 billion, a P/E ratio of 10.61 and a beta of 1.14. Banco Bradesco has a 12 month low of $1.95 and a 12 month high of $3.21. The company has a 50 day moving average of $2.40 and a 200-day moving average of $2.33. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.76 and a quick ratio of 0.76.

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

Banco Bradesco Company Profile

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.