Grupo Aval Acciones y Valores S.A. to Issue Dividend of $0.01 (NYSE:AVAL)

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) announced a dividend on Friday, April 25th, investing.com reports. Shareholders of record on Friday, May 2nd will be given a dividend of 0.0084 per share by the bank on Friday, May 9th. This represents a yield of 3.65%. The ex-dividend date of this dividend is Thursday, May 1st.

Grupo Aval Acciones y Valores has decreased its dividend payment by an average of 23.7% annually over the last three years. Grupo Aval Acciones y Valores has a payout ratio of 25.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Grupo Aval Acciones y Valores to earn $0.33 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 39.4%.

Grupo Aval Acciones y Valores Trading Down 0.7 %

AVAL traded down $0.02 on Monday, hitting $2.76. The company had a trading volume of 50,135 shares, compared to its average volume of 80,217. The company has a market cap of $3.28 billion, a PE ratio of 16.24 and a beta of 0.72. Grupo Aval Acciones y Valores has a 12-month low of $1.94 and a 12-month high of $3.32. The business's fifty day simple moving average is $2.76 and its 200 day simple moving average is $2.41. The company has a quick ratio of 1.00, a current ratio of 1.03 and a debt-to-equity ratio of 0.79.

About Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.