Banco Bradesco SA (BBDO) to Issue Dividend of $0.00 on September 11th

Banco Bradesco SA (NYSE:BBDOGet Free Report) announced a dividend on Tuesday, July 29th, investing.com reports. Shareholders of record on Wednesday, August 6th will be paid a dividend of 0.0021 per share by the bank on Thursday, September 11th. This represents a yield of 1.01%. The ex-dividend date is Tuesday, August 5th.

Banco Bradesco Trading Down 0.8%

Shares of NYSE BBDO opened at $2.43 on Thursday. Banco Bradesco has a twelve month low of $1.71 and a twelve month high of $2.88. The business has a fifty day simple moving average of $2.57 and a two-hundred day simple moving average of $2.21. The firm has a market cap of $25.87 billion, a PE ratio of 7.60 and a beta of 0.80. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.63.

Banco Bradesco (NYSE:BBDOGet Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The bank reported $0.10 earnings per share (EPS) for the quarter. Banco Bradesco had a return on equity of 12.33% and a net margin of 9.08%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Banco Bradesco stock. Goldman Sachs Group Inc. increased its holdings in shares of Banco Bradesco SA (NYSE:BBDOFree Report) by 54.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 516,081 shares of the bank’s stock after buying an additional 181,299 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Banco Bradesco were worth $1,073,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Banco Bradesco Company Profile

(Get Free Report)

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.

See Also

Dividend History for Banco Bradesco (NYSE:BBDO)

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