Straits Times Index
3,292.93 -3.96 (-0.12%) Nikkei
38,236.07 -37.98 (-0.10%) Hang Seng
18,475.92 +268.79 (+1.48%) FTSE 100
8,204.48 +32.33 (+0.40%) Bitcoin USD
61,623.57 +3,235.61 (+5.54%) CMC Crypto 200
1,325.37 +48.39 (+3.79%)
Banco Bradesco S.A. (BBDC4.SA)
| Previous close | 13.82 |
| Open | 13.98 |
| Bid | 13.89 x 0 |
| Ask | 13.90 x 0 |
| Day's range | 13.88 - 14.06 |
| 52-week range | 13.18 - 17.74 |
| Volume | |
| Avg. volume | 43,360,888 |
| Market cap | 139.767B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 11.97 |
| EPS (TTM) | 1.16 |
| Earnings date | 09 May 2024 |
| Forward dividend & yield | 0.23 (1.65%) |
| Ex-dividend date | 03 May 2024 |
| 1y target est | 16.22 |
GuruFocus.comBank Bradesco SA's Dividend Analysis
Bank Bradesco SA (NYSE:BBD) recently announced a dividend of $0 per share, payable on 2024-06-10, with the ex-dividend date set for 2024-05-03. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Bank Bradesco SA's dividend performance and assess its sustainability.
- Reuters
RPT-FOCUS-Brazil's Pix payments are killing cash. Are credit cards next?
In just three years, Brazil's hugely popular Pix payment system has become the country's favorite way to pay, replacing cash and wire transfers in many cases and now threatening the dominance of credit cards in the booming e-commerce sector. The instant payments designed by Brazil's central bank are a boon to online retailers, helping with cash flow in a sector with tight margins, while undercutting the legacy business of banks and fintechs built on existing credit card infrastructure. "This system eliminates the need to have a credit card."
- Reuters
UPDATE 2-Cielo's controlling shareholders reach deal to lift tender offer price
The controlling shareholders of Brazilian payments firm Cielo have reached an agreement with some minority shareholders to raise the price of a tender offer to take the company private, according to a securities filing on Tuesday. Under the agreement, lenders Banco do Brasil and Bradesco have committed to raise the offer price to 5.60 reais per share from 5.35 reais per share. That would lift the deal's total amount to 6.17 billion reais ($1.22 billion) if the lenders acquire all shares in Cielo they do not own, up from the 5.9 billion reais seen before.
