Banco Bradesco S.A. Announces — Dividend of $0.03 (NYSE:BBDO)

Banco Bradesco S.A. (NYSE:BBDO) declared a — dividend on Monday, December 23rd,Wall Street Journal reports. Shareholders of record on Friday, January 3rd will be given a dividend of 0.0329 per share by the bank on Monday, August 11th. This represents a yield of 11.2%. The ex-dividend date of this dividend is Friday, January 3rd.

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

Banco Bradesco Trading Down 2.2 %

Banco Bradesco stock opened at $1.79 on Tuesday. The business’s 50-day simple moving average is $2.09 and its 200-day simple moving average is $2.22. Banco Bradesco has a 52 week low of $1.71 and a 52 week high of $3.20. The firm has a market capitalization of $19.05 billion, a PE ratio of 6.88 and a beta of 1.11. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.72 and a current ratio of 0.72.

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.