Banco Bradesco (BBDO) Scheduled to Post Earnings on Thursday

Banco Bradesco (NYSE:BBDO) will release its earnings data before the market opens on Thursday, May 2nd.

Banco Bradesco Price Performance

BBDO traded down $0.04 on Tuesday, hitting $2.40. 2,443 shares of the stock were exchanged, compared to its average volume of 16,582. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.84. Banco Bradesco has a 12 month low of $2.30 and a 12 month high of $3.21. The business has a 50-day moving average of $2.50 and a two-hundred day moving average of $2.70.

Banco Bradesco Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, June 10th. Stockholders of record on Monday, May 6th will be given a $0.0033 dividend. This represents a $0.04 annualized dividend and a dividend yield of 1.64%. The ex-dividend date of this dividend is Friday, May 3rd. Banco Bradesco’s payout ratio is presently 14.29%.

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.