Banco Bradesco SA (NYSE:BBDO) Declares Monthly Dividend of $0.00

Banco Bradesco SA (NYSE:BBDO) declared a monthly dividend on Wednesday, January 14th. Stockholders of record on Wednesday, February 4th will be paid a dividend of 0.0032 per share by the bank on Monday, March 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, February 4th. This is a 2.7% increase from Banco Bradesco’s previous monthly dividend of $0.003122.

Banco Bradesco has decreased its dividend by an average of 0.2%annually over the last three years.

Banco Bradesco Trading Up 0.5%

NYSE:BBDO traded up $0.02 during midday trading on Thursday, hitting $3.04. 35,663 shares of the company traded hands, compared to its average volume of 67,666. The firm has a market capitalization of $32.30 billion, a P/E ratio of 8.67 and a beta of 0.60. The firm’s fifty day moving average is $3.03 and its 200-day moving average is $2.82. Banco Bradesco has a 12-month low of $1.80 and a 12-month high of $3.31. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.64.

About Banco Bradesco

Banco Bradesco SA is a major Brazilian commercial bank and financial services company headquartered in Osasco, São Paulo. Founded in 1943 by Amador Aguiar, Bradesco has grown into one of Brazil’s largest private-sector banks, serving individual, small-business and corporate clients through an extensive network of branches, correspondents and digital channels.

The bank’s operations span retail and commercial banking products including deposit accounts, payment services, lending (personal, mortgage and corporate), credit cards and cash management.