Banco Bradesco S.A. (NYSE:BBD) declared a — dividend on Wednesday, June 9th, Wall Street Journal reports. Stockholders of record on Tuesday, July 6th will be paid a dividend of 0.0038 per share by the bank on Monday, August 9th. This represents a dividend yield of 3%. The ex-dividend date of this dividend is Friday, July 2nd. This is an increase from Banco Bradesco’s previous — dividend of $0.0036.
Shares of NYSE:BBD opened at $5.50 on Friday. The company’s 50-day moving average is $4.70. Banco Bradesco has a 12-month low of $3.36 and a 12-month high of $5.70. The company has a market capitalization of $53.45 billion, a PE ratio of 15.88 and a beta of 0.93.
Banco Bradesco (NYSE:BBD) last posted its earnings results on Monday, May 3rd. The bank reported $1.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $1.23. The company had revenue of $5.52 billion for the quarter, compared to analysts’ expectations of $4.94 billion. Banco Bradesco had a return on equity of 15.57% and a net margin of 18.54%. Research analysts predict that Banco Bradesco will post 0.49 earnings per share for the current fiscal year.
About Banco Bradesco
Banco Bradesco SA, together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through The Banking, and The Insurance. The company offers leasing, investment banking, brokerage, and consortium management services, overdrafts, as well as credit cards, real estate products, pension plans, and capitalization bonds.
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