Banco Bradesco S.A. (NYSE:BBDO – Get Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.17 and traded as low as $1.83. Banco Bradesco shares last traded at $1.83, with a volume of 37,841 shares changing hands.
Banco Bradesco Price Performance
The company has a debt-to-equity ratio of 0.36, a current ratio of 0.72 and a quick ratio of 0.72. The company’s 50-day moving average price is $1.92 and its 200-day moving average price is $2.17. The company has a market cap of $19.48 billion, a P/E ratio of 7.04 and a beta of 1.09.
Banco Bradesco Cuts Dividend
The company also recently declared a monthly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 5th will be issued a $0.0028 dividend. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $0.03 dividend on an annualized basis and a dividend yield of 1.85%. Banco Bradesco’s dividend payout ratio (DPR) is 11.54%.
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.
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