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

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) declared a dividend on Saturday, August 16th, investing.com reports. Investors of record on Tuesday, August 19th will be given a dividend of 0.3327 per share on Wednesday, September 3rd. This represents a yield of 1,065.0%. The ex-dividend date of this dividend is Monday, August 18th.

BB Seguridade Participacoes Stock Down 2.8%

Shares of BBSEY opened at $6.51 on Friday. The firm's 50 day moving average price is $6.42 and its 200 day moving average price is $6.77. The company has a market cap of $13.02 billion, a P/E ratio of 8.14, a PEG ratio of 2.42 and a beta of 0.64. BB Seguridade Participacoes has a fifty-two week low of $5.38 and a fifty-two week high of $8.08.

BB Seguridade Participacoes (OTCMKTS:BBSEY - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.03. The business had revenue of $489.90 million for the quarter, compared to analysts' expectations of $2.65 billion. BB Seguridade Participacoes had a net margin of 86.36% and a return on equity of 77.96%. Research analysts forecast that BB Seguridade Participacoes will post 0.71 earnings per share for the current year.

BB Seguridade Participacoes Company Profile

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.

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