Banco Bradesco S.A. (BBDO) to Issue Monthly Dividend of $0.00 on September 12th

Banco Bradesco S.A. (NYSE:BBDO) declared a monthly dividend on Friday, July 5th, Wall Street Journal reports. Shareholders of record on Monday, August 5th will be given a dividend of 0.0032 per share by the bank on Thursday, September 12th. This represents a $0.04 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Monday, August 5th.

Banco Bradesco has increased its dividend payment by an average of 26.7% per year over the last three years.

Banco Bradesco Stock Down 0.3 %

NYSE:BBDO opened at $2.00 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.77 and a current ratio of 0.77. The stock’s fifty day moving average is $2.13 and its two-hundred day moving average is $2.39. Banco Bradesco has a 52 week low of $1.95 and a 52 week high of $3.21.

Banco Bradesco (NYSE:BBDO) last posted its quarterly earnings data on Thursday, May 2nd. The bank reported $0.08 earnings per share for the quarter. Banco Bradesco had a return on equity of 9.55% and a net margin of 6.70%. The business had revenue of $9.64 billion for the quarter.

Banco Bradesco Company Profile

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 two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; overdraft and agribusiness loans; debit and business cards; financial and security services; consortium products; car, personal accident, dental, travel, and life insurance; investment products; pension products; foreign currency exchange services; capitalization bonds; and internet banking services.