Shares of Banco Bradesco S.A. (NYSE:BBDO – Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $2.55 and traded as low as $2.38. Banco Bradesco shares last traded at $2.42, with a volume of 16,192 shares trading hands.
Banco Bradesco Trading Up 0.4 %
The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.97 and a current ratio of 0.97. The business has a 50 day moving average price of $2.53 and a 200 day moving average price of $2.71.
Banco Bradesco Cuts Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, June 10th. Shareholders of record on Monday, May 6th will be given a dividend of $0.0033 per share. This represents a $0.04 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Friday, May 3rd. Banco Bradesco’s dividend payout ratio (DPR) is presently 14.29%.
Institutional Investors Weigh In On Banco Bradesco
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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