Banco Bradesco S.A. (NYSE:BBDO) to Issue Dividend of $0.00

Banco Bradesco S.A. (NYSE:BBDO) declared a dividend on Thursday, October 3rd, investing.com reports. Shareholders of record on Friday, October 4th will be given a dividend of 0.0024 per share by the bank on Friday, November 8th. This represents a dividend yield of 1.17%. The ex-dividend date is Thursday, October 3rd.

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

Banco Bradesco Stock Performance

Shares of BBDO traded down $0.03 during mid-day trading on Thursday, reaching $2.41. The company had a trading volume of 11,156 shares, compared to its average volume of 21,503. The stock has a market capitalization of $25.69 billion, a P/E ratio of 10.48 and a beta of 1.14. Banco Bradesco has a 52-week low of $1.95 and a 52-week high of $3.21. The stock has a 50 day moving average of $2.40 and a two-hundred day moving average of $2.33. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.62.

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

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.