Grupo Aval Acciones y Valores S.A. (AVAL) To Go Ex-Dividend on July 31st

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) announced a dividend on Friday, April 5th, NASDAQ reports. Stockholders of record on Wednesday, July 31st will be given a dividend of 0.0105 per share by the bank on Friday, August 9th. The ex-dividend date of this dividend is Wednesday, July 31st.

Grupo Aval Acciones y Valores has decreased its dividend payment by an average of 19.1% annually over the last three years. Grupo Aval Acciones y Valores has a dividend payout ratio of 28.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Grupo Aval Acciones y Valores to earn $0.42 per share next year, which means the company should continue to be able to cover its $0.13 annual dividend with an expected future payout ratio of 31.0%.

Grupo Aval Acciones y Valores Price Performance

NYSE AVAL opened at $2.14 on Monday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.05 and a current ratio of 0.99. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 26.75 and a beta of 0.98. The business has a 50 day simple moving average of $2.25 and a 200 day simple moving average of $2.39. Grupo Aval Acciones y Valores has a 52-week low of $2.10 and a 52-week high of $2.70.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings results on Wednesday, May 15th. The bank reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.03). Grupo Aval Acciones y Valores had a net margin of 1.17% and a return on equity of 0.65%. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.01 billion. Analysts anticipate that Grupo Aval Acciones y Valores will post 0.26 earnings per share for the current fiscal year.

About Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.