Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Banco Bradesco (BBDO) Share Price
News coverage about Banco Bradesco (NYSE:BBDO) has been trending somewhat positive recently, according to Accern. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Banco Bradesco earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 47.1266968630206 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Separately, ValuEngine raised shares of Banco Bradesco from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 10th.
Shares of Banco Bradesco (BBDO) opened at $11.36 on Wednesday. Banco Bradesco has a one year low of $7.47 and a one year high of $13.09. The firm has a market cap of $35,309.80, a PE ratio of 11.73 and a beta of 1.89.
The company also recently declared a special dividend, which will be paid on Wednesday, May 9th. Investors of record on Wednesday, April 4th will be paid a $0.0052 dividend. This is a boost from Banco Bradesco’s previous special dividend of $0.01. The ex-dividend date of this dividend is Tuesday, April 3rd. Banco Bradesco’s payout ratio is presently 6.59%.
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About Banco Bradesco
Banco Bradesco SA provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates in two segments, Banking; and Insurance, Pension Plans and Capitalization Bond. It accepts demand and time deposits, checking and savings accounts, interbank deposits from financial institutions, and accounts for salary purposes.
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