BANCO DO BRASIL/S (OTCMKTS:BDORY) Raises Dividend to $0.04 Per Share

BANCO DO BRASIL/S (OTCMKTS:BDORY) declared a dividend on Friday, February 21st, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.0408 per share by the financial services provider on Monday, March 31st. The ex-dividend date is Thursday, March 13th. This is a positive change from BANCO DO BRASIL/S’s previous dividend of $0.02.

BANCO DO BRASIL/S Trading Up 0.2 %

Shares of OTCMKTS:BDORY traded up $0.01 during mid-day trading on Friday, reaching $5.00. The stock had a trading volume of 144,663 shares, compared to its average volume of 1,040,345. The company has a market cap of $28.65 billion, a P/E ratio of 4.35, a price-to-earnings-growth ratio of 1.64 and a beta of 1.03. BANCO DO BRASIL/S has a 1 year low of $3.72 and a 1 year high of $6.23. The business’s 50 day moving average price is $4.42 and its 200 day moving average price is $4.64.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last posted its earnings results on Thursday, February 20th. The financial services provider reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. The company had revenue of $14.73 billion for the quarter. BANCO DO BRASIL/S had a return on equity of 19.30% and a net margin of 12.30%. Analysts predict that BANCO DO BRASIL/S will post 1.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BDORY has been the topic of a number of research analyst reports. Citigroup downgraded BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 5th. The Goldman Sachs Group cut BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 5th.

BANCO DO BRASIL/S Company Profile

Banco do Brasil SA provides banking products and services for individuals, companies, and public sectors in Brazil and internationally. The company's Banking segment offers various products and services, including deposits, loans, and services to retail, wholesale, and public sector markets, as well as to micro-entrepreneurs and the low income population.