Banco Bradesco (BBDO) to Release Quarterly Earnings on Thursday

Banco Bradesco (NYSE:BBDO) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 2nd.

Banco Bradesco Stock Down 1.5 %

Banco Bradesco stock opened at $2.31 on Thursday. Banco Bradesco has a 52 week low of $2.30 and a 52 week high of $3.21. The business’s 50-day moving average price is $2.51 and its 200 day moving average price is $2.70. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.84.

Banco Bradesco Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 10th. Investors of record on Monday, May 6th will be issued a dividend of $0.0033 per share. This represents a $0.04 annualized dividend and a yield of 1.70%. The ex-dividend date is Friday, May 3rd. Banco Bradesco’s dividend payout ratio (DPR) is 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.