Banco Bradesco SA (NYSE:BBDO – Get Free Report) declared a monthly dividend on Tuesday, July 14th. Investors of record on Wednesday, August 5th will be given a dividend of 0.0034 per share by the bank on Wednesday, September 9th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, August 5th.
Banco Bradesco has increased its dividend by an average of 0.3%per year over the last three years.
Banco Bradesco Price Performance
BBDO stock traded up $0.01 during midday trading on Wednesday, reaching $3.19. The stock had a trading volume of 45,852 shares, compared to its average volume of 73,768. Banco Bradesco has a 52-week low of $2.37 and a 52-week high of $3.80. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.17. The company’s fifty day simple moving average is $3.07 and its 200 day simple moving average is $3.26. The company has a market cap of $33.75 billion, a price-to-earnings ratio of 8.14 and a beta of 0.56.
Analyst Ratings Changes
Separately, Weiss Ratings cut shares of Banco Bradesco from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 28th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Banco Bradesco has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on Banco Bradesco
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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