Banco Bradesco SA (NYSE:BBDO) Plans Dividend Increase – $0.00 Per Share

Banco Bradesco SA (NYSE:BBDO) declared a monthly dividend on Thursday, February 5th. Shareholders of record on Wednesday, March 4th will be paid a dividend of 0.0033 per share by the bank on Wednesday, April 8th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, March 4th. This is a 2.5% increase from Banco Bradesco’s previous monthly dividend of $0.003206.

Banco Bradesco has decreased its dividend by an average of 0.2%per year over the last three years.

Banco Bradesco Stock Performance

Shares of BBDO stock traded down $0.03 during mid-day trading on Friday, hitting $3.47. 21,565 shares of the company’s stock were exchanged, compared to its average volume of 58,580. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.12 and a quick ratio of 1.12. Banco Bradesco has a fifty-two week low of $1.80 and a fifty-two week high of $3.71. The stock has a 50-day simple moving average of $3.12 and a two-hundred day simple moving average of $2.91.

Banco Bradesco (NYSE:BBDO) last released its earnings results on Friday, February 6th. The bank reported $0.11 earnings per share (EPS) for the quarter. Banco Bradesco had a net margin of 9.27% and a return on equity of 12.95%.

Banco Bradesco Company Profile

Banco Bradesco SA is a major Brazilian commercial bank and financial services company headquartered in Osasco, São Paulo. Founded in 1943 by Amador Aguiar, Bradesco has grown into one of Brazil’s largest private-sector banks, serving individual, small-business and corporate clients through an extensive network of branches, correspondents and digital channels.

The bank’s operations span retail and commercial banking products including deposit accounts, payment services, lending (personal, mortgage and corporate), credit cards and cash management.