According to Zacks, Banco Bradesco S.A., which trades under the symbol BBDO on the New York Stock Exchange, disclosed on January 11th that it would begin paying a monthly dividend. On March 8th, shareholders who were eligible to receive a dividend payment from the bank and who had their shares on record as of the previous Friday, February 3rd, will have the opportunity to receive a dividend payment from the bank of $0.002 per share. This gives us a yield of 0.94% and a dividend payment of $0.02 each year because of this situation. This coming Thursday, February 2nd, dividends are expected to be distributed to shareholders.
The most recent earnings report for Banco Bradesco, traded on the New York Stock Exchange under the ticker symbol BBDO, was released on November 8th, a Tuesday. The bank reported $0.09 per share for the period covered by the report. The company reported a total revenue of $8.90 billion during the period in question. Banco Bradesco reported a return on equity of 16.73 percent and a net margin of 13.60 percent for the period.
Institutional investors have recently adjusted the total number of stock they own in the company. Envestnet Asset Management Inc. made a new investment in Banco Bradesco during the third quarter. This investment was worth approximately $36,000 at its peak value. $56,000 was spent by Jane Street Group LLC during the first three months of 2018 to acquire an additional holding in Banco Bradesco. Citadel Advisors LLC increased the proportion of Banco Bradesco stock owned by 43.4% over the third quarter. Citadel Advisors LLC owns 17,012 shares of the bank’s stock, which are currently valued at $51,000. Compared to the number of shares that the company owned in the business three months ago, this represents an increase of 5,151. At the end of the second quarter, Northern Trust Corporation made an 11.8% increase in the amount of Banco Bradesco stock that it owned, bringing its total to a 100% ownership percentage. Northern Trust Corp. now directly owns 138,498 shares of the company’s stock, which has a total value of $378,000 after purchasing an additional 14,610 shares of the bank’s stock over the past three months. This brings the total number of shares that Northern Trust Corp. At the moment, institutional investors have portfolios that contain 0.01% of the company’s total shares.
BBDO began trading on Friday at $2.56. The company’s price-to-earnings ratio is 6.33, and its beta value is 0.94. The company’s total value, as measured by its market capitalization, is $27.29 billion. Within the past year, Banco Bradesco experienced an all-time low price of $2.29 and an all-time high price of $3.55. The stock’s moving average over the past 50 days is currently sitting at $2.52, while its moving average over the past 200 days is currently sitting at $2.81.
Banco Bradesco S.A. and its subsidiaries provide clients in Brazil and other parts of the world, including firms, organizations, and businesses of varying sizes, with access to a comprehensive catalog of banking products and services from which they can make their selections. The company can be broken down into two distinct sub-industries: banking and insurance. It provides:
Current accounts, savings accounts, checking accounts, and salary accounts.
Auto, personal accident, dental, travel, and life insurance.
Investment and pension products.
Real estate and vehicle auctions.
Payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit.
Debit and business cards.
Financial and security services.
Consortium products.
Cash management.
Foreign trade and exchange services.
Other products and services include:
Auto, personal accident, travel, and life insurance.
Investment and pension products.
Real estate and vehicle auctions.
Payroll loans.
Cash management and international trade and exchange services are also included among the available options.
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