Banco Bradesco SA (NYSE:BBDO – Get Free Report) announced a dividend on Wednesday, June 24th. Shareholders of record on Tuesday, July 7th will be given a dividend of 0.0609 per share by the bank on Monday, February 8th. This represents a yield of 408.0%. The ex-dividend date of this dividend is Tuesday, July 7th.
Banco Bradesco has increased its dividend payment by an average of 0.3%annually over the last three years.
Banco Bradesco Price Performance
Banco Bradesco stock opened at $2.96 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.17. Banco Bradesco has a 52-week low of $2.37 and a 52-week high of $3.80. The firm has a market cap of $31.37 billion, a PE ratio of 7.59 and a beta of 0.56. The company’s 50 day moving average is $3.12 and its two-hundred day moving average is $3.25.
About Banco Bradesco
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.
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