Friday Is Your Last Chance To Buy Bank Bradesco Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Bank Bradesco (NYSE:BBDO) announced a monthly dividend of 0.35 cents per share, with the ex-dividend date set for Monday. Shareholders owning BBDO by the end of Friday are eligible for the dividend, payable on April 08, 2024.
February 28, 2024 | 2:45 pm
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Bank Bradesco announces a monthly dividend of 0.35 cents per share, with the ex-dividend date this Monday. Eligibility requires ownership by end of Friday, with payment on April 08, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on a stock's price. While the stock may trade lower on the ex-dividend date to reflect the payout, this is a standard adjustment and not indicative of a negative outlook on the stock. The importance is rated high due to the direct financial benefit to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100