Banco Bradesco SA (NYSE:BBDO – Get Free Report) announced a monthly dividend on Wednesday, September 9th. Stockholders of record on Monday, October 5th will be given a dividend of 0.0034 per share by the bank on Tuesday, November 10th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, October 5th.
Banco Bradesco has raised its dividend payment by an average of 0.3%annually over the last three years.
Banco Bradesco Price Performance
NYSE BBDO traded up $0.05 during trading hours on Thursday, reaching $3.19. The company’s stock had a trading volume of 47,213 shares, compared to its average volume of 77,619. The firm has a market capitalization of $33.80 billion, a price-to-earnings ratio of 7.60 and a beta of 0.54. Banco Bradesco has a 1-year low of $2.65 and a 1-year high of $3.80. The company has a debt-to-equity ratio of 2.93, a current ratio of 1.48 and a quick ratio of 1.48. The company’s 50-day moving average is $3.13 and its two-hundred day moving average is $3.22.
About Banco Bradesco
Banco Bradesco SA is a Brazilian financial services company headquartered in Osasco, São Paulo. Founded in 1943 in Marília, São Paulo, the institution has grown into one of Brazil’s major banking groups, serving individuals, businesses, corporate clients and public-sector organizations through a broad network of physical and digital channels.
Bradesco offers a range of financial products and services, including checking and savings accounts, consumer and commercial lending, credit and debit cards, payment solutions, investments, brokerage services, asset management and private banking.
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