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

Key Points

• Banco Bradesco SA announced a monthly dividend of $0.0032 per share, payable on December 8th to stockholders of record as of November 5th, which equates to an annual yield of 1.4%.
• As of Tuesday's trading, Banco Bradesco's stock price was $2.74, with a market capitalization of $29.11 billion and a PE ratio of 7.81.
• The bank reported $0.10 earnings per share in its last quarterly earnings release, along with a return on equity of 12.96% and a net margin of 9.76%.

Banco Bradesco SA (NYSE:BBDO - Get Free Report) declared a monthly dividend on Monday, October 13th. Stockholders of record on Wednesday, November 5th will be paid a dividend of 0.0032 per share by the bank on Monday, December 8th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, November 5th.

Banco Bradesco Stock Performance

Shares of BBDO stock traded up $0.03 during trading on Tuesday, hitting $2.74. The company's stock had a trading volume of 6,202 shares, compared to its average volume of 52,963. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.63. The company has a market cap of $29.11 billion, a PE ratio of 7.81 and a beta of 0.82. The business has a fifty day moving average of $2.72 and a 200-day moving average of $2.50. 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 return on equity of 12.96% and a net margin of 9.76%.

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.

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