BANCO DO BRASIL/S (OTCMKTS:BDORY) Declares Dividend of $0.04

BANCO DO BRASIL/S (OTCMKTS:BDORY) announced a dividend on Friday, February 21st, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.0408 per share by the financial services provider on Monday, March 31st. The ex-dividend date is Thursday, March 13th. This is a boost from BANCO DO BRASIL/S’s previous dividend of $0.02.

BANCO DO BRASIL/S Stock Up 0.2 %

OTCMKTS:BDORY opened at $5.00 on Friday. The company’s 50 day moving average price is $4.42 and its 200-day moving average price is $4.64. BANCO DO BRASIL/S has a 52 week low of $3.72 and a 52 week high of $6.23. The stock has a market cap of $28.65 billion, a price-to-earnings ratio of 4.35, a PEG ratio of 1.64 and a beta of 1.03.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last posted its quarterly earnings results on Thursday, February 20th. The financial services provider reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. The firm had revenue of $14.73 billion for the quarter. As a group, sell-side analysts anticipate that BANCO DO BRASIL/S will post 1.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

BDORY has been the topic of a number of recent analyst reports. Citigroup cut shares of BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 5th. The Goldman Sachs Group cut shares of BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 5th.

About BANCO DO BRASIL/S

Banco do Brasil SA provides banking products and services for individuals, companies, and public sectors in Brazil and internationally. The company's Banking segment offers various products and services, including deposits, loans, and services to retail, wholesale, and public sector markets, as well as to micro-entrepreneurs and the low income population.