Banco Bradesco S.A. (NYSE:BBDO) Raises Dividend to $0.00 Per Share

Banco Bradesco S.A. (NYSE:BBDO) declared a dividend on Wednesday, November 6th,NASDAQ Dividends reports. Shareholders of record on Wednesday, December 4th will be paid a dividend of 0.003 per share by the bank on Thursday, January 9th. The ex-dividend date of this dividend is Wednesday, December 4th. This is a positive change from Banco Bradesco’s previous dividend of $0.002567.

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

Banco Bradesco Trading Down 1.4 %

Shares of Banco Bradesco stock traded down $0.03 during trading on Thursday, reaching $2.12. The company’s stock had a trading volume of 26,952 shares, compared to its average volume of 15,510. 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 has a fifty-two week low of $1.95 and a fifty-two week high of $3.21. The company has a 50-day moving average price of $2.38 and a two-hundred day moving average price of $2.30.

Banco Bradesco (NYSE:BBDO) last issued its earnings results on Monday, August 5th. The bank reported $0.09 earnings per share for the quarter. Banco Bradesco had a net margin of 7.07% and a return on equity of 10.01%. The business had revenue of $9.64 billion for the quarter.

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 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.