Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Plans Monthly Dividend of $0.02

Grupo Aval Acciones y Valores S.A. (NYSE:AVALGet Free Report) declared a monthly dividend on Thursday, July 30th. Stockholders of record on Monday, November 2nd will be paid a dividend of 0.0165 per share by the bank on Tuesday, November 10th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Monday, November 2nd.

Grupo Aval Acciones y Valores has decreased its dividend by an average of 0.2%annually 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 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 Performance

Shares of Grupo Aval Acciones y Valores stock opened at $5.17 on Friday. The stock has a market cap of $6.13 billion, a price-to-earnings ratio of 13.96 and a beta of 0.59. Grupo Aval Acciones y Valores has a twelve month low of $2.80 and a twelve month high of $6.20. The company’s fifty day moving average is $5.04 and its 200 day moving average is $4.62. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.56.

Grupo Aval Acciones y Valores (NYSE:AVALGet Free Report) 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%. Sell-side analysts forecast that Grupo Aval Acciones y Valores will post 0.43 EPS for the current year.

About Grupo Aval Acciones y Valores

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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.

Further Reading

Dividend History for Grupo Aval Acciones y Valores (NYSE:AVAL)

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