Grupo Supervielle S.A. (SUPV) To Go Ex-Dividend on May 19th

Grupo Supervielle S.A. (NYSE:SUPV) declared an annual dividend on Monday, May 12th, Wall Street Journal reports. Investors of record on Monday, May 19th will be paid a dividend of 0.187 per share on Tuesday, May 27th. This represents a yield of 1.18%. The ex-dividend date of this dividend is Monday, May 19th. This is a 20.7% increase from Grupo Supervielle’s previous annual dividend of $0.16.

Grupo Supervielle has increased its dividend by an average of 85.7% annually over the last three years. Grupo Supervielle has a payout ratio of 8.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Grupo Supervielle to earn $1.54 per share next year, which means the company should continue to be able to cover its $0.17 annual dividend with an expected future payout ratio of 11.0%.

Grupo Supervielle Stock Performance

SUPV opened at $15.95 on Wednesday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.07. Grupo Supervielle has a 12-month low of $5.00 and a 12-month high of $19.75. The company’s 50 day moving average is $13.92 and its 200 day moving average is $13.93. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 22.15 and a beta of 1.93.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a report on Monday.

Grupo Supervielle Company Profile

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.