BANCO DO BRASIL/S Announces Dividend of $0.01 (OTCMKTS:BDORY)

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) declared a dividend on Saturday, May 31st, investing.com reports. Shareholders of record on Thursday, June 5th will be given a dividend of 0.0104 per share by the financial services provider on Monday, June 23rd. This represents a yield of 7.45%. The ex-dividend date of this dividend is Wednesday, June 4th.

BANCO DO BRASIL/S Stock Up 1.2%

Shares of BANCO DO BRASIL/S stock traded up $0.05 during midday trading on Monday, hitting $4.20. The company's stock had a trading volume of 676,336 shares, compared to its average volume of 556,419. BANCO DO BRASIL/S has a 1-year low of $3.72 and a 1-year high of $5.51. The firm has a market capitalization of $24.07 billion, a P/E ratio of 3.65, a PEG ratio of 1.65 and a beta of 0.72. The stock has a 50-day simple moving average of $4.87 and a 200-day simple moving average of $4.63.

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last issued its earnings results on Thursday, May 15th. The financial services provider reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.07). The firm had revenue of $6.83 billion during the quarter, compared to analyst estimates of $4.74 billion. BANCO DO BRASIL/S had a return on equity of 19.30% and a net margin of 12.30%. As a group, sell-side analysts predict that BANCO DO BRASIL/S will post 1.08 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Bradesco Corretora lowered BANCO DO BRASIL/S to a "neutral" rating in a report on Friday, May 16th.

About BANCO DO BRASIL/S

Banco do Brasil SA provides banking products and services for individuals, companies, and public sectors in Brazil and internationally. The company's Banking segment offers various products and services, including deposits, loans, and services to retail, wholesale, and public sector markets, as well as to micro-entrepreneurs and the low income population.