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

Key Points

• Banco Bradesco SA announced a monthly dividend of $0.0032 per share, representing a 55.4% increase from its previous monthly dividend.
• The ex-dividend date is set for September 3rd, with payment scheduled for October 8th, resulting in an annualized dividend yield of 1.4%.
• As of Monday, shares opened at $2.68, and Banco Bradesco's market capitalization is approximately $28.47 billion with a price-to-earnings ratio of 7.64.

Banco Bradesco SA (NYSE:BBDO - Get Free Report) announced a monthly dividend on Tuesday, August 12th. Stockholders of record on Wednesday, September 3rd will be paid a dividend of 0.0032 per share by the bank on Wednesday, October 8th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, September 3rd. This is a 55.4% increase from Banco Bradesco's previous monthly dividend of $0.002056.

Banco Bradesco Price Performance

Shares of Banco Bradesco stock opened at $2.68 on Monday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.11 and a current ratio of 1.11. Banco Bradesco has a 52-week low of $1.71 and a 52-week high of $2.88. The company has a fifty day moving average of $2.57 and a 200-day moving average of $2.32. The stock has a market capitalization of $28.47 billion, a price-to-earnings ratio of 7.64 and a beta of 0.84.

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

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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