Banco Bradesco S.A. (NYSE:BBDO) Announces Dividend Increase – $0.00 Per Share

Banco Bradesco S.A. (NYSE:BBDO) declared a monthly dividend on Thursday, March 20th, Wall Street Journal reports. Investors of record on Thursday, April 3rd will be given a dividend of 0.003 per share by the bank on Friday, May 9th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Thursday, April 3rd. This is a 1.7% increase from Banco Bradesco’s previous monthly dividend of $0.002979.

Banco Bradesco has decreased its dividend payment by an average of 15.5% annually over the last three years.

Banco Bradesco Stock Down 1.0 %

BBDO stock traded down $0.02 during midday trading on Thursday, hitting $1.99. The company’s stock had a trading volume of 120,016 shares, compared to its average volume of 36,996. The company’s fifty day moving average price is $1.91 and its 200 day moving average price is $2.07. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.01 and a quick ratio of 0.72. Banco Bradesco has a twelve month low of $1.71 and a twelve month high of $2.67. The stock has a market capitalization of $21.18 billion, a P/E ratio of 6.63 and a beta of 1.04.

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.