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

Banco Bradesco S.A. (NYSE:BBDO) announced a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Stockholders of record on Wednesday, February 5th will be paid a dividend of 0.0028 per share by the bank on Wednesday, March 12th. This represents a $0.03 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Wednesday, February 5th.

Banco Bradesco has decreased its dividend payment by an average of 18.4% annually over the last three years.

Banco Bradesco Price Performance

Shares of BBDO traded down $0.02 during mid-day trading on Friday, hitting $1.76. The company’s stock had a trading volume of 33,476 shares, compared to its average volume of 45,213. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.36. Banco Bradesco has a 1-year low of $1.71 and a 1-year high of $3.03. The firm has a market capitalization of $18.73 billion, a P/E ratio of 6.77 and a beta of 1.09. The firm has a 50-day simple moving average of $1.95 and a 200 day simple moving average of $2.18.

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.