Banco Bradesco SA (BBDO) to Distribute Special Dividend of $0.07 on May 10th

Banco Bradesco SA (NYSE:BBDO – Get Free Report) announced a special dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.0662 per share by the bank on Monday, May 10th. The ex-dividend date of this dividend is Thursday, October 15th.

Banco Bradesco has raised its dividend payment by an average of 0.3%per year over the last three years.

Banco Bradesco Price Performance

Banco Bradesco stock opened at $3.18 on Friday. Banco Bradesco has a 12-month low of $2.65 and a 12-month high of $3.80. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 2.93. The firm has a 50-day moving average price of $3.14 and a 200-day moving average price of $3.18. The firm has a market capitalization of $33.74 billion, a PE ratio of 7.58 and a beta of 0.48.

Institutional Trading of Banco Bradesco

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ameritas Advisory Services LLC bought a new stake in shares of Banco Bradesco during the second quarter worth $33,000. Intergy Private Wealth LLC grew its holdings in shares of Banco Bradesco by 31.4% in the first quarter. Intergy Private Wealth LLC now owns 13,920 shares of the bank’s stock worth $46,000 after purchasing an additional 3,323 shares during the last quarter. SmartHarvest Portfolios LLC grew its holdings in shares of Banco Bradesco by 21.2% in the first quarter. SmartHarvest Portfolios LLC now owns 16,371 shares of the bank’s stock worth $54,000 after purchasing an additional 2,863 shares during the last quarter. QRG Capital Management Inc. grew its holdings in shares of Banco Bradesco by 49.2% in the second quarter. QRG Capital Management Inc. now owns 21,423 shares of the bank’s stock worth $64,000 after purchasing an additional 7,068 shares during the last quarter. Finally, Royal Bank of Canada increased its stake in Banco Bradesco by 307.2% in the 1st quarter. Royal Bank of Canada now owns 20,121 shares of the bank’s stock worth $67,000 after buying an additional 15,180 shares during the period.

Banco Bradesco Company Profile

(Get Free Report)

Banco Bradesco SA is a Brazilian financial services company that provides banking and related products to individuals, businesses and institutional clients. Its services include checking and savings accounts, consumer and commercial lending, credit and debit cards, payment services, foreign exchange, investment products and wealth management.

Through its operating businesses, Bradesco also provides insurance, pension and capitalization products, as well as investment banking and asset management services.

See Also

Dividend History for Banco Bradesco (NYSE:BBDO)

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