Banco Bradesco SA (BBDO) to Issue Monthly Dividend of $0.00 on June 8th

Banco Bradesco SA (NYSE:BBDO) declared a monthly dividend on Tuesday, April 7th. Stockholders of record on Wednesday, May 6th will be paid a dividend of 0.0033 per share by the bank on Monday, June 8th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, May 6th. This is a 0.1% increase from Banco Bradesco’s previous monthly dividend of $0.003343.

Banco Bradesco has increased its dividend by an average of 0.3%per year over the last three years.

Banco Bradesco Price Performance

Shares of NYSE:BBDO opened at $3.49 on Monday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.97. Banco Bradesco has a twelve month low of $2.10 and a twelve month high of $3.80. The stock’s 50 day moving average is $3.43 and its 200-day moving average is $3.24. The firm has a market capitalization of $36.98 billion, a price-to-earnings ratio of 8.95 and a beta of 0.59.

Banco Bradesco (NYSE:BBDO) last issued its earnings results on Friday, February 6th. The bank reported $0.11 earnings per share for the quarter. Banco Bradesco had a return on equity of 13.78% and a net margin of 9.85%.The company had revenue of $12.03 billion for the quarter.

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.