Banco Bradesco SA Declares Monthly Dividend of $0.00 (NYSE:BBDO)

Key Points

• Banco Bradesco SA declared a monthly dividend of $0.0032 per share, payable on November 10th to stockholders of record as of October 3rd, resulting in an annualized dividend yield of 1.3%.
• As of Wednesday, shares of Banco Bradesco (NYSE:BBDO) opened at $2.90, with a market capitalization of $30.81 billion and a PE ratio of 8.27.
• The bank reported quarterly earnings of $0.10 per share on July 30th, showing a net margin of 9.76% and a return on equity of 12.96%.

Banco Bradesco SA (NYSE:BBDO - Get Free Report) declared a monthly dividend on Friday, September 19th. Stockholders of record on Friday, October 3rd will be given a dividend of 0.0032 per share by the bank on Monday, November 10th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, October 3rd.

Banco Bradesco Stock Down 1.9%

Shares of BBDO opened at $2.90 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.63. The business has a fifty day moving average of $2.66 and a 200 day moving average of $2.45. The company has a market cap of $30.81 billion, a PE ratio of 8.27 and a beta of 0.84. Banco Bradesco has a 52-week low of $1.71 and a 52-week high of $3.00.

Banco Bradesco (NYSE:BBDO - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The bank reported $0.10 earnings per share for the quarter. Banco Bradesco had a net margin of 9.76% and a return on equity of 12.96%.

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.

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