Banco Bradesco SA (NYSE:BBDO – Get Rating) announced a — dividend on Friday, April 15th, Wall Street Journal reports. Investors of record on Wednesday, May 4th will be given a dividend of 0.0036 per share by the bank on Wednesday, June 8th. This represents a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, May 3rd. This is a boost from Banco Bradesco’s previous — dividend of $0.0026.
NYSE BBDO opened at $3.73 on Friday. The company has a quick ratio of 1.46, a current ratio of 0.64 and a debt-to-equity ratio of 1.34. Banco Bradesco has a twelve month low of $2.79 and a twelve month high of $4.86. The company has a market cap of $36.25 billion, a price-to-earnings ratio of 9.10 and a beta of 1.13. The business’s fifty day moving average is $3.52 and its 200 day moving average is $3.30.
Banco Bradesco’s stock is going to split on Tuesday, April 19th. The 11-10 split was announced on Tuesday, April 19th. The newly created shares will be issued to shareholders after the market closes on Tuesday, April 19th.
Banco Bradesco (NYSE:BBDO – Get Rating) last released its quarterly earnings data on Tuesday, February 8th. The bank reported $0.12 earnings per share for the quarter. Banco Bradesco had a return on equity of 17.67% and a net margin of 21.20%. The company had revenue of $6.21 billion for the quarter.
A number of large investors have recently made changes to their positions in BBDO. Morgan Stanley raised its position in shares of Banco Bradesco by 8.6% in the 2nd quarter. Morgan Stanley now owns 116,850 shares of the bank’s stock worth $509,000 after acquiring an additional 9,229 shares in the last quarter. Northern Trust Corp raised its position in shares of Banco Bradesco by 9.4% in the 4th quarter. Northern Trust Corp now owns 120,772 shares of the bank’s stock worth $350,000 after acquiring an additional 10,355 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of Banco Bradesco in the 3rd quarter worth about $185,000.
Banco Bradesco Company Profile (Get Rating)
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 segment, 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; debit and business cards; financial and security services; consortium products; auto, personal accident, dental, travel, and life insurance; investment products; pension products; real estate and vehicle auctions; cash management, and foreign trade and exchange services; capitalization bonds; and internet banking services.
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