Grupo Aval Acciones y Valores S.A. (AVAL) To Go Ex-Dividend on May 29th

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) announced a monthly dividend on Monday, March 30th. Stockholders of record on Friday, May 29th will be given a dividend of 0.0144 per share by the bank on Monday, June 8th. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, May 29th.

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 payout ratio of 25.5% meaning its dividend is sufficiently covered by earnings. Equities 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 10.9%

NYSE:AVAL opened at $4.69 on Wednesday. Grupo Aval Acciones y Valores has a twelve month low of $2.72 and a twelve month high of $5.28. The company has a market cap of $5.57 billion, a price-to-earnings ratio of 12.68 and a beta of 0.60. The stock has a fifty day simple moving average of $4.38 and a 200-day simple moving average of $4.31. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.56.

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