Bank Bradesco: Dividend Insights
Portfolio Pulse from Benzinga Insights
Bank Bradesco (NYSE:BBDO) has announced a monthly dividend of 0.35 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday are eligible for the dividend, which will be paid on January 12, 2024. The stock is expected to open 0.35 cents lower on the ex-dividend date.
November 29, 2023 | 2:45 pm
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Bank Bradesco is set to pay a monthly dividend of 0.35 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock is likely to open lower on the ex-dividend date as the dividend amount is subtracted from the stock's price, which is a common occurrence in the market. This adjustment reflects the payout and is typically priced in by the market.
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