Banco Bradesco SA (BBDO) to Issue $0.01 Monthly Dividend

Ruben Hill
November 14, 2017

Accern also assigned media stories about the bank an impact score of 46.4159446617919 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Investec Asset Management North America Inc increased its stake in Banco Bradesco Sa (BBD) by 21.06% based on its latest 2017Q2 regulatory filing with the SEC. Checchi Capital Advisers LLC lifted its holdings in Banco Bradesco SA by 7.2% in the second quarter. BlackRock Group LTD increased its position in Banco Bradesco SA by 18.5% in the second quarter. Banco Bradesco Sa (NYSE:BBD) has trailing twelve month Return on Assets of 0%, which is key indicator of how profitable a company is relative to its total assets. Aberdeen Asset Management PLC UK now owns 180,676,024 shares of the bank's stock valued at $1,535,746,000 after acquiring an additional 30,239,397 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of Banco Bradesco SA by 60.1% in the second quarter.

Banco Bradesco's main activities are the provision of banking and insurance services such as private and industrial credit loans, credit cards, mortgaged loans, 24 hour banking, health and life insurance, leasing, pension fund management and services for stock market investors.

Shares of Banco Bradesco SA (BBD) traded down $0.03 on Tuesday, hitting $9.96. Currently, Banco Bradesco S.A. (NYSE:BBD) has an average volume of 9.46 Million.

The company's quick ratio for most recent quarter is 0 along with current ratio for most recent quarter of 0. The stock has a market capitalization of $67,538.23, a P/E ratio of 10.58, a P/E/G ratio of 1.01 and a beta of 1.76. Banco Bradesco SA has a 52-week low of $3.65 and a 52-week high of $10.49.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, January 9th. Investors of record on Tuesday, December 27th will be given a dividend of 0.066 per share on Tuesday, December 27th. The ex-dividend date of this dividend is Monday, December 4th.

Dimensional Fund Advisors Lp says it bought 9,431 shares in quarter ending 09/30/2017 increasing its exposure to Banco Bradesco Sa by 0.1%. Banco Bradesco SA's dividend payout ratio (DPR) is presently 8.00%. BidaskClub raised Banco Bradesco SA from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 5th. Banco Bradesco SA had 10 analyst reports since July 29, 2015 according to SRatingsIntel. Goldman Sachs maintained the shares of BBD in report on Wednesday, September 21 with "Neutral" rating. With short interest at 8,680,206 and short average daily volume at 7,413,287, the short-interest ratio is 1.0 and the percentage of shorted shares is 0.00% as of October 31.

TRADEMARK VIOLATION WARNING: "BT Investment Management Ltd Has $32.26 Million Position in Banco Bradesco SA (NYSE:BBD)" was originally reported by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this news story on another domain, it was copied illegally and republished in violation of US and global copyright & trademark legislation. According to today's trading volume Banco Bradesco S.A.is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Banco Bradesco SA provides banking and financial products and services to individuals, companies, and corporations and institutions.

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