Grupo Aval Acciones y Valores S.A. (AVAL) to Distribute Monthly Dividend of $0.02 on November 10th

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) declared a monthly dividend on Thursday, July 30th. Investors of record on Monday, November 2nd will be given a dividend of $0.0165 per share by the bank on Tuesday, November 10th. This represents a $0.20 annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, November 2nd.

Grupo Aval Acciones y Valores has decreased its dividend payment by an average of 0.2% annually over the last three years. Grupo Aval Acciones y Valores has a dividend payout ratio of 29.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Grupo Aval Acciones y Valores to earn $0.58 per share next year, which means the company should continue to be able to cover its $0.15 annual dividend with an expected future payout ratio of 25.9%.

Grupo Aval Acciones y Valores Stock Down 3.9%

NYSE AVAL opened at $4.45 on Friday. The stock has a fifty day moving average of $5.05 and a 200-day moving average of $4.78. The stock has a market capitalization of $5.28 billion, a P/E ratio of 10.52 and a beta of 0.59. Grupo Aval Acciones y Valores has a 52 week low of $3.35 and a 52 week high of $6.20. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.88 and a current ratio of 0.88.

Institutional Trading of Grupo Aval Acciones y Valores

A number of institutional investors have recently bought and sold shares of the business. Apollon Wealth Management LLC acquired a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter valued at $55,000. QRG Capital Management Inc. bought a new position in shares of Grupo Aval Acciones y Valores in the 2nd quarter worth $68,000. Sanders Morris Harris LLC acquired a new stake in shares of Grupo Aval Acciones y Valores during the third quarter worth $99,000. Engineers Gate Manager LP acquired a new stake in shares of Grupo Aval Acciones y Valores during the second quarter worth $120,000. Finally, AXQ Capital LP acquired a new stake in shares of Grupo Aval Acciones y Valores during the second quarter worth $120,000. Institutional investors and hedge funds own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA is a Colombian financial holding company whose shares trade on the New York Stock Exchange through American depositary receipts. The company coordinates a diversified group of financial businesses, with banking as its principal activity.

Through its subsidiaries, Grupo Aval provides commercial and consumer banking, corporate lending, mortgage financing, credit cards, leasing, fiduciary and trust services, securities brokerage, investment banking, and pension and severance-fund administration.