Bradesco Approves R$4 Billion in Interim Interest Payments
Ticker: BBDO · Form: 6-K · Filed: Jun 7, 2024 · CIK: 1160330
| Field | Detail |
|---|---|
| Company | Bank Bradesco (BBDO) |
| Form Type | 6-K |
| Filed Date | Jun 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $4,000,000,000, $0.359141350, $0,395055485, $0.305270148, $0.335797162 |
| Sentiment | bullish |
Sentiment: bullish
Topics: dividend, shareholder-return, financials
TL;DR
Bradesco is paying out R$4 BILLION in interest to shareholders for H1 2024.
AI Summary
Banco Bradesco S.A. announced on June 6, 2024, that its Board of Directors approved the payment of interim interest on shareholders' equity for the first semester of 2024. The total amount approved is R$4,000,000,000.00.
Why It Matters
This distribution of R$4 billion in interim interest payments directly benefits shareholders by providing them with a significant return on their investment in Banco Bradesco.
Risk Assessment
Risk Level: low — The filing is a routine announcement of dividend/interest payments, which is standard corporate action.
Key Numbers
- R$4.0B — Interim Interest Payment (Approved for the first semester of 2024 by the Board of Directors.)
Key Players & Entities
- Banco Bradesco S.A. (company) — Filer of the report
- R$4,000,000,000.00 (dollar_amount) — Total amount of interim interest on shareholders' equity approved
FAQ
What is the total amount of interim interest on shareholders' equity approved?
The total amount approved is R$4,000,000,000.00.
For which period is this interim interest payment being made?
The payment is for the first semester of 2024.
Who approved the payment of interim interest?
The Board of Directors of Banco Bradesco S.A. approved the payment.
On what date was the Board of Directors' meeting held to approve this payment?
The Board of Directors' meeting was held on June 6, 2024.
Is Banco Bradesco filing this report under Form 20-F or Form 40-F?
Banco Bradesco is filing its annual reports under Form 20-F.
Filing Stats: 677 words · 3 min read · ~2 pages · Grade level 13.9 · Accepted 2024-06-06 18:46:32
Key Financial Figures
- $4,000,000,000 — mester of 2024, in the total amount of R$4,000,000,000.00, of which R$0.359141350 per common
- $0.359141350 — mount of R$4,000,000,000.00, of which R$0.359141350 per common share and R$0,395055485 per
- $0,395055485 — ich R$0.359141350 per common share and R$0,395055485 per preferred share. Those shareholder
- $0.305270148 — l January 31, 2025 by the net value of R$0.305270148 per common share and R$0.335797162 per
- $0.335797162 — of R$0.305270148 per common share and R$0.335797162 per preferred share, after deducting th
Filing Documents
- bbd20240606_6k.htm (6-K) — 13KB
- bbd202406066k_001.jpg (GRAPHIC) — 22KB
- 0001292814-24-002332.txt ( ) — 44KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: June 6, 2024 BANCO BRADESCO S.A. By: /S/ André Costa Carvalho André Costa Carvalho Investor Relations Officer
FORWARD-LOOKING STATEMENTS
FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.