Grupo Aval Acciones y Valores S.A. (AVAL) To Go Ex-Dividend on July 31st

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) announced a monthly dividend on Monday, March 30th. Stockholders of record on Friday, July 31st will be paid a dividend of 0.0144 per share by the bank on Monday, August 10th. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Friday, July 31st.

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% indicating that its dividend is sufficiently covered by earnings. 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 Price Performance

Shares of Grupo Aval Acciones y Valores stock opened at $4.88 on Wednesday. Grupo Aval Acciones y Valores has a 52 week low of $2.80 and a 52 week high of $6.20. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.56. The stock has a market cap of $5.79 billion, a PE ratio of 13.18 and a beta of 0.59. The company’s 50-day moving average price is $5.01 and its two-hundred day moving average price is $4.61.

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

About Grupo Aval Acciones y Valores

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.