BB Seguridade Participacoes SA (OTCMKTS:BBSEY) Plans Dividend of $0.33

Key Points

• BB Seguridade Participacoes SA announced a dividend of $0.33 per share, with an impressive yield of 1,065%, payable on September 3rd to investors of record on August 19th.
• The company's shares are currently trading at $6.51, down 2.8%, with a market cap of $13.02 billion and a P/E ratio of 8.14.
• BB Seguridade reported an EPS of $0.22 for the last quarter, exceeding expectations, although its revenue fell short at $489.90 million compared to forecasts of $2.65 billion.

BB Seguridade Participacoes SA (OTCMKTS:BBSEY - Get Free Report) announced a dividend on Saturday, August 16th, investing.com reports. Investors of record on Tuesday, August 19th will be paid a dividend of 0.3327 per share on Wednesday, September 3rd. This represents a dividend yield of 1,065.0%. The ex-dividend date is Monday, August 18th.

BB Seguridade Participacoes Price Performance

Shares of BBSEY traded down $0.08 during trading hours on Thursday, hitting $5.82. The stock had a trading volume of 15,471 shares, compared to its average volume of 70,889. BB Seguridade Participacoes has a 12 month low of $5.38 and a 12 month high of $8.08. The firm has a market capitalization of $11.64 billion, a PE ratio of 7.28, a PEG ratio of 2.15 and a beta of 0.64. The stock has a fifty day moving average price of $6.39 and a 200 day moving average price of $6.75.

BB Seguridade Participacoes (OTCMKTS:BBSEY - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. BB Seguridade Participacoes had a return on equity of 77.96% and a net margin of 86.36%.The company had revenue of $489.90 million during the quarter, compared to analyst estimates of $2.65 billion. As a group, analysts anticipate that BB Seguridade Participacoes will post 0.71 EPS for the current fiscal year.

About BB Seguridade Participacoes

BB Seguridade Participações SA, through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through Security and Brokerage segments. The Security segment offers life, property, rural, special risks and financial, transport, hulls, and housing people insurance products.