Grupo Aval Acciones y Valores S.A. (AVAL) To Go Ex-Dividend on June 30th

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) declared a monthly dividend on Monday, March 30th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.0144 per share by the bank on Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, June 30th.

Grupo Aval Acciones y Valores has decreased its dividend payment by an average of 0.2%per year over the last three years. Grupo Aval Acciones y Valores has a payout ratio of 25.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Grupo Aval Acciones y Valores to earn $0.57 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 22.8%.

Grupo Aval Acciones y Valores Stock Up 0.3%

Grupo Aval Acciones y Valores stock opened at $5.12 on Friday. The stock has a market capitalization of $6.07 billion, a PE ratio of 13.83 and a beta of 0.61. Grupo Aval Acciones y Valores has a 12 month low of $2.80 and a 12 month high of $6.20. The business has a 50 day simple moving average of $4.78 and a 200-day simple moving average of $4.47. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.01 and a quick ratio of 1.01.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its earnings results on Wednesday, May 13th. The bank reported $0.08 earnings per share (EPS) for the quarter. Grupo Aval Acciones y Valores had a return on equity of 6.24% and a net margin of 4.99%. On average, analysts anticipate that Grupo Aval Acciones y Valores will post 0.43 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA is a leading Colombian financial holding company that offers a diversified range of banking and financial services across Latin America. As one of the largest financial conglomerates in Colombia, Grupo Aval provides commercial and retail banking, leasing, insurance brokerage, pension fund management and investment banking through its principal subsidiaries.

Its core banking operations are conducted through a network of well-established institutions, including Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas, which together serve individual consumers, small and medium-sized enterprises and large corporate clients.