Banco Bradesco SA (BBDO) To Go Ex-Dividend on November 5th

Banco Bradesco SA (NYSE:BBDO) announced a monthly dividend on Tuesday, October 13th. Shareholders of record on Thursday, November 5th will be given a dividend of $0.0035 per share by the bank on Friday, December 11th. This represents a $0.04 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 5th. This is a 1.9% increase from Banco Bradesco’s previous monthly dividend of $0.0034.

Banco Bradesco has increased its dividend payment by an average of 0.3% per year over the last three years.

Banco Bradesco Stock Down 4.8%

Shares of NYSE BBDO opened at $3.65 on Thursday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 2.93. The stock has a market capitalization of $38.66 billion, a PE ratio of 8.69 and a beta of 0.48. The stock’s fifty day simple moving average is $3.23 and its two-hundred day simple moving average is $3.22. Banco Bradesco has a 12-month low of $2.71 and a 12-month high of $4.16.

About Banco Bradesco

Banco Bradesco SA is a Brazilian financial services company that provides banking and related products to individuals, businesses and institutional clients. Its services include checking and savings accounts, consumer and commercial lending, credit and debit cards, payment services, foreign exchange, investment products and wealth management.

Through its operating businesses, Bradesco also provides insurance, pension and capitalization products, as well as investment banking and asset management services.