Banco Bradesco SA Plans Special Dividend of $0.06 (NYSE:BBDO)

Banco Bradesco SA (NYSE:BBDO) announced a special dividend on Friday, December 19th. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.0637 per share by the bank on Friday, August 7th. The ex-dividend date of this dividend is Wednesday, December 31st.

Banco Bradesco has decreased its dividend by an average of 0.2%per year over the last three years.

Banco Bradesco Stock Down 0.9%

Shares of Banco Bradesco stock opened at $2.92 on Monday. The company has a 50-day simple moving average of $3.03 and a two-hundred day simple moving average of $2.79. The stock has a market capitalization of $31.12 billion, a PE ratio of 8.35 and a beta of 0.62. Banco Bradesco has a 52-week low of $1.74 and a 52-week high of $3.31. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.12 and a current ratio of 1.12.

Banco Bradesco Company Profile

Banco Bradesco SA is a major Brazilian commercial bank and financial services company headquartered in Osasco, São Paulo. Founded in 1943 by Amador Aguiar, Bradesco has grown into one of Brazil’s largest private-sector banks, serving individual, small-business and corporate clients through an extensive network of branches, correspondents and digital channels.

The bank’s operations span retail and commercial banking products including deposit accounts, payment services, lending (personal, mortgage and corporate), credit cards and cash management.