Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) announced a monthly dividend on Wednesday, April 9th, Wall Street Journal reports. Stockholders of record on Tuesday, September 30th will be given a dividend of 0.0084 per share by the bank on Wednesday, October 8th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date of this dividend is Tuesday, September 30th.
Grupo Aval Acciones y Valores has decreased its dividend by an average of 23.7% per year over the last three years. Grupo Aval Acciones y Valores has a payout ratio of 26.5% 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 Stock Up 3.7 %
NYSE AVAL traded up $0.09 on Monday, reaching $2.54. The company had a trading volume of 115,893 shares, compared to its average volume of 77,166. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.03 and a quick ratio of 1.00. Grupo Aval Acciones y Valores has a 1 year low of $1.94 and a 1 year high of $3.32. The firm has a 50-day moving average of $2.79 and a 200-day moving average of $2.37. The firm has a market capitalization of $3.02 billion, a PE ratio of 14.94 and a beta of 0.72.
Grupo Aval Acciones y Valores Company Profile
(
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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.
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