Banco Bradesco SA (NYSE:BBDO) announced a special dividend on Thursday, June 22nd, Wall Street Journal reports. Shareholders of record on Thursday, July 6th will be given a dividend of 0.0518 per share by the bank on Monday, July 24th. The ex-dividend date of this dividend is Monday, July 3rd. This is a positive change from Banco Bradesco SA’s previous special dividend of $0.00543.
Shares of Banco Bradesco SA (BBDO) opened at 9.213 on Tuesday. The stock has a market capitalization of $56.06 billion, a PE ratio of 10.375 and a beta of 1.71. The firm has a 50-day moving average of $8.37 and a 200 day moving average of $9.45. Banco Bradesco SA has a 52-week low of $6.91 and a 52-week high of $10.00.
Banco Bradesco SA (NYSE:BBDO) last announced its quarterly earnings results on Thursday, April 27th. The bank reported $0.27 earnings per share for the quarter. Banco Bradesco SA had a net margin of 9.08% and a return on equity of 18.06%. The business had revenue of $13.25 billion during the quarter.
Separately, ValuEngine lowered shares of Banco Bradesco SA from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 29th.
TRADEMARK VIOLATION WARNING: “Banco Bradesco SA (BBDO) to Issue Dividend Increase – $0.05 Per Share” was originally reported by Stock Observer and is owned by of Stock Observer. If you are viewing this article on another publication, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this article can be viewed at https://www.thestockobserver.com/2017/07/18/banco-bradesco-sa-bbdo-plans-dividend-increase-0-05-per-share-updated-updated.html.
Receive News & Ratings for Banco Bradesco SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bradesco SA and related companies with MarketBeat.com's FREE daily email newsletter.