Banco Bradesco S.A. (NYSE:BBDO) Plans Monthly Dividend of $0.00

Banco Bradesco S.A. (NYSE:BBDO) declared a monthly dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Thursday, October 3rd will be paid a dividend of 0.0032 per share by the bank on Friday, November 8th. This represents a $0.04 annualized dividend and a yield of 1.62%. The ex-dividend date is Thursday, October 3rd.

Banco Bradesco has raised its dividend by an average of 26.7% annually over the last three years.

Banco Bradesco Stock Up 0.9 %

NYSE BBDO traded up $0.02 during trading hours on Tuesday, hitting $2.34. The company’s stock had a trading volume of 7,565 shares, compared to its average volume of 21,657. Banco Bradesco has a 52 week low of $1.95 and a 52 week high of $3.21. The company has a market capitalization of $24.94 billion, a PE ratio of 10.22 and a beta of 1.14. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.62. The company’s 50-day simple moving average is $2.36 and its two-hundred day simple moving average is $2.34.

Banco Bradesco (NYSE:BBDO) last announced its quarterly earnings results on Monday, August 5th. The bank reported $0.09 earnings per share for the quarter. Banco Bradesco had a net margin of 6.68% and a return on equity of 9.88%. The business had revenue of $9.64 billion for the quarter.

About Banco Bradesco

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.