Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____.
To
New York Stock Exchange, Inc.
New York, NY
Ref.: Intermediary Dividends
The Board of Executive Officers of Banco Bradesco S.A., in a meeting held today, decided to propose to the Board of Directors, which will resolve in a meeting to be held on June 24, 2014, the payment to the Company’s shareholders of intermediary dividends, related to the first half 2014, in the total amount of R$829 million, consisting of R$0.188201395 per common share and R$0.207021535 per preferred share.
The shareholders registered in the Company’s Books on June 24, 2014 (declaration date) shall be benefited. The Company’s shares will be traded “ex-right” on dividends from June 25, 2014 on.
Upon the approval of the proposal, the payment will be made on July 18, 2014 by the declared amount, with no Withholding Income Tax, according to Article 10 of Law #9,249/95.
The dividends to be approved:
1) represent, approximately, 11.8 times the amount of the interest on shareholders’ equity monthly paid (net of Withholding Income Tax);
2) will be computed in the calculation of mandatory dividends of the fiscal year, as provided in the bylaws.
Cordially,
Banco Bradesco S.A.
Luiz Carlos Angelotti
Deputy Executive Officer and
Investors Relations Officer
· Should you have any questions or require further information, please contact Mr. Paulo Faustino da Costa, phone 55 11 2178-6201, e-mail 4823.paulo@bradesco.com.br; Mrs. Ivani Benazzi de Andrade, phone 55 11 2178-6218, e-mail: 4823.ivani@bradesco.com.br or Mr. Carlos Tsuyoshi Yamashita, phone 55 11 2178-6204, e-mail: 4823.carlos@bradesco.com.br.
BANCO BRADESCO S.A. | ||
By: |
/S/ Luiz Carlos Angelotti
| |
Luiz Carlos Angelotti Executive Managing Officer and Investor Relations Officer |
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.