BANCO BRADESCO/S (NYSE:BBDO) Declares — Dividend of $0.00

BANCO BRADESCO/S (NYSE:BBDO) announced a — dividend on Monday, January 13th, Wall Street Journal reports. Investors of record on Wednesday, February 5th will be given a dividend of 0.0042 per share by the bank on Monday, March 9th. This represents a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, February 4th.

BANCO BRADESCO/S has decreased its dividend by an average of 47.4% per year over the last three years and has increased its dividend annually for the last 5 consecutive years.

NYSE:BBDO opened at $7.90 on Wednesday. The firm’s 50 day simple moving average is $7.98 and its 200 day simple moving average is $7.91. BANCO BRADESCO/S has a one year low of $6.65 and a one year high of $9.48. The company has a market cap of $63.94 billion, a PE ratio of 9.93 and a beta of 0.92.

BANCO BRADESCO/S (NYSE:BBDO) last posted its earnings results on Wednesday, October 30th. The bank reported $0.20 EPS for the quarter. BANCO BRADESCO/S had a net margin of 16.84% and a return on equity of 19.01%. The business had revenue of $8.20 billion for the quarter.

Separately, ValuEngine upgraded shares of BANCO BRADESCO/S from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

About BANCO BRADESCO/S

Banco Bradesco SA, together with its subsidiaries, provides banking and financial products and services to individuals, corporates, and businesses in Brazil and internationally. It operates through two segments, Banking and Insurance. The company accepts checking and savings accounts, demand deposits, time deposits, and interbank deposits.

Further Reading: Market Indexes

Dividend History for BANCO BRADESCO/S (NYSE:BBDO)

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