Banco Bradesco S.A. Plans Dividend of $0.00 (NYSE:BBDO)

Banco Bradesco S.A. (NYSE:BBDO) announced a dividend on Tuesday, October 1st, investing.com reports. Investors of record on Friday, October 4th will be paid a dividend of 0.0024 per share by the bank on Friday, November 8th. This represents a dividend yield of 1.15%. The ex-dividend date is Thursday, October 3rd.

Banco Bradesco has raised its dividend by an average of 26.7% annually over the last three years.

Banco Bradesco Stock Up 1.2 %

Shares of NYSE:BBDO opened at $2.45 on Tuesday. The firm has a market cap of $26.11 billion, a P/E ratio of 10.65 and a beta of 1.14. Banco Bradesco has a 12-month low of $1.95 and a 12-month high of $3.21. The business has a fifty day simple moving average of $2.38 and a 200 day simple moving average of $2.33. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.62.

Banco Bradesco (NYSE:BBDO) last issued its quarterly earnings results on Monday, August 5th. The bank reported $0.09 earnings per share for the quarter. The company had revenue of $9.64 billion during the quarter. Banco Bradesco had a return on equity of 9.88% and a net margin of 6.68%.

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.