Bradesco (BVMF:BBDC4) up 3.4% on the day as holders see 5.3% gross return
Banco Bradesco S.A. investors with preferred shares on July 3 who held through Friday got a nominal gross return of around 5.3%. That’s the share move plus the payout, compared to the straight price gain of 3.4% from close-to-close. The stock closed at R$18.86 on July 10, up from R$18.24. Holders picked up R$0.346894939 a share in interest on shareholders’ equity, or JCP, Bradesco's cash return to holders. Net JCP after 17.5% withholding is R$0.286188324, putting the net total return near 5.0%. Bradesco said it will pay by Jan. 29, 2027.
