Banco Bradesco SA (BBDO) to Issue Monthly Dividend of $0.00 on July 9th

Banco Bradesco SA (NYSE:BBDO) declared a monthly dividend on Monday, May 11th. Stockholders of record on Wednesday, June 3rd will be paid a dividend of 0.0035 per share by the bank on Thursday, July 9th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, June 3rd. This is a 5.3% increase from Banco Bradesco’s previous monthly dividend of $0.003346.

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

Banco Bradesco Trading Down 0.6%

Shares of NYSE:BBDO opened at $3.26 on Wednesday. Banco Bradesco has a 52-week low of $2.37 and a 52-week high of $3.80. The stock has a market cap of $34.55 billion, a price-to-earnings ratio of 8.36 and a beta of 0.59. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.17. The business has a 50-day moving average price of $3.39 and a 200-day moving average price of $3.26.

Banco Bradesco (NYSE:BBDO) last announced its quarterly earnings data on Wednesday, May 6th. The bank reported $0.12 earnings per share (EPS) for the quarter. Banco Bradesco had a return on equity of 14.15% and a net margin of 8.95%.The firm had revenue of $13.07 billion during 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.