Bradesco Approves R$2 Billion in Shareholder Interest
Ticker: BBDO · Form: 6-K · Filed: Sep 20, 2024 · CIK: 1160330
| Field | Detail |
|---|---|
| Company | Bank Bradesco (BBDO) |
| Form Type | 6-K |
| Filed Date | Sep 20, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $2,000,000,000, $0.179570675, $0.197527743, $0.152635074, $0.167898582 |
| Sentiment | bullish |
Sentiment: bullish
Topics: dividend, shareholder-payout, interest-payment
TL;DR
Bradesco is paying out R$2 BILLION in shareholder interest, R$0.18/share.
AI Summary
Banco Bradesco S.A. announced on September 19, 2024, that its Board of Directors approved the payment of interim interest on shareholders' equity. The total amount to be distributed is R$2,000,000,000.00, which equates to R$0.179570675 per common share.
Why It Matters
This distribution of R$2 billion in interest payments directly benefits shareholders by providing them with a significant return on their investment in Banco Bradesco.
Risk Assessment
Risk Level: low — This is a routine announcement of dividend/interest payments by a large, established financial institution.
Key Numbers
- R$2.0B — Interim Interest on Shareholders' Equity (Approved by the Board of Directors for distribution.)
- R$0.18 — Per Common Share (Amount of interim interest to be paid to each common shareholder.)
Key Players & Entities
- Banco Bradesco S.A. (company) — Registrant
- R$2,000,000,000.00 (dollar_amount) — Total interim interest on shareholders' equity
- R$0.179570675 (dollar_amount) — Per common share interest payment
- September 19, 2024 (date) — Date of Board of Directors meeting
FAQ
What is the total amount of interim interest on shareholders' equity approved by Banco Bradesco's Board of Directors?
The total amount approved is R$2,000,000,000.00.
What is the per common share amount for the interim interest payment?
The per common share amount is R$0.179570675.
When was the Board of Directors meeting where this approval took place?
The Board of Directors meeting was held on September 19, 2024.
What type of payment is Banco Bradesco distributing?
Banco Bradesco is distributing interim interest on shareholders' equity.
Does Banco Bradesco file annual reports under Form 20-F?
Yes, the filing indicates that Banco Bradesco files annual reports under Form 20-F.
Filing Stats: 673 words · 3 min read · ~2 pages · Grade level 13.7 · Accepted 2024-09-19 18:38:57
Key Financial Figures
- $2,000,000,000 — ´ equity, in the total amount of R$2,000,000,000.00, of which R$0.179570675 per common
- $0.179570675 — amount of R$2,000,000,000.00, of which R$0.179570675 per common share and R$0.197527743 per
- $0.197527743 — ch R$0.179570675 per common share and R$0.197527743 per preferred share. Those shareholder
- $0.152635074 — to April 30, 2025 by the net value of R$0.152635074 per common share and R$0.167898582 per
- $0.167898582 — of R$0.152635074 per common share and R$0.167898582 per preferred share, after deducting th
Filing Documents
- bbd20240919_6k.htm (6-K) — 12KB
- bbd202409196k_001.jpg (GRAPHIC) — 24KB
- 0001292814-24-003531.txt ( ) — 46KB
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: September 19, 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.