Business Context and Reporting Period
This Form 6-K filing by Banco Bradesco S.A. (Bank Bradesco) was submitted on February 24, 2010, covering a Board of Directors meeting held on February 10, 2010. The filing announces the approval of complementary dividends and interest on own capital related to the fiscal year 2009.
Key Financial Metrics
The filing details the distribution of profits to shareholders for the year 2009. The total amount of Interest and Dividends distributed totals R$2,718,081,158.73. This aggregate includes previously paid amounts and the newly approved complementary payments.
| Component | Amount (R$) |
|---|---|
| Monthly Dividends Paid | 507,817,309.68 |
| Intermediary Interest (1st Half) Paid | 501,268,849.05 |
| Subtotal - Paid Value | 1,009,086,158.73 |
| Complementary Interest (To be paid March 9, 2010) | 1,632,000,000.00 |
| Complementary Dividends (To be paid March 9, 2010) | 76,995,000.00 |
| Subtotal - Value to be Paid | 1,708,995,000.00 |
| Total Distributed (2009) | 2,718,081,158.73 |
Per share distributions for 2009 are as follows:
- Common Share: R$0.834143911 total (including R$0.021438536 complementary dividend).
- Preferred Share: R$0.917558303 total (including R$0.023582390 complementary dividend).
The filing does not provide data on revenue, operating profit, cash flow, margins, debt levels, or liquidity ratios.
Material Changes
The primary material event is the declaration of complementary dividends and interest on own capital for the 2009 fiscal year. The filing notes that the complementary dividend calculation accounts for a 10% bonus stock approved at the Special Shareholders' Meeting on December 18, 2009. No comparative financial data for prior periods is provided in this specific filing to assess year-over-year changes in operational metrics.
Guidance, Outlook, and Risks
The filing contains a standard forward-looking statements disclaimer. Management notes that statements regarding future operations, financial condition, liquidity, and dividend payments are based on current estimates and are subject to risks and uncertainties, including general economic and market conditions. There is no specific quantitative guidance or outlook provided in this document.
Investor Verification Checklist
- Verify the record date for the complementary dividend (February 10, 2010) and the ex-right date (February 11, 2010).
- Confirm the payment date of March 9, 2010, for the complementary interest and dividends.
- Review the impact of the 10% bonus stock approved in December 2009 on per-share calculations.
- Check subsequent filings for the full 2009 audited financial statements to analyze revenue, profit, and liquidity metrics not included here.