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

Banco Bradesco S.A. (NYSE:BBDO) announced a dividend on Wednesday, October 2nd, investing.com reports. Investors of record on Friday, October 4th will be paid a dividend of 0.0024 per share by the bank on Friday, November 8th. This represents a dividend yield of 1.16%. The ex-dividend date is Thursday, October 3rd.

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

Banco Bradesco Stock Up 0.4 %

Shares of BBDO traded up $0.01 during midday trading on Wednesday, hitting $2.44. The company had a trading volume of 9,390 shares, compared to its average volume of 21,556. The stock has a market cap of $26.01 billion, a price-to-earnings ratio of 10.61 and a beta of 1.14. The company’s 50 day moving average price is $2.40 and its 200 day moving average price is $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 has a 52 week low of $1.95 and a 52 week high of $3.21.

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