Grupo Aval Acciones y Valores S.A. (AVAL) To Go Ex-Dividend on February 27th

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) announced a monthly dividend on Thursday, September 4th. Shareholders of record on Friday, February 27th will be paid a dividend of 0.0115 per share by the bank on Monday, March 9th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Friday, February 27th.

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 21.6% 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 $0.11 annual dividend with an expected future payout ratio of 33.3%.

Grupo Aval Acciones y Valores Trading Down 1.0%

Grupo Aval Acciones y Valores stock opened at $4.42 on Wednesday. The firm has a 50 day simple moving average of $4.41 and a 200-day simple moving average of $3.95. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $5.24 billion, a PE ratio of 13.38 and a beta of 0.64. Grupo Aval Acciones y Valores has a 12-month low of $2.25 and a 12-month high of $5.28.

Analyst Ratings Changes

A number of analysts have commented on the stock. Citigroup lowered shares of Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research report on Friday, January 9th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Grupo Aval Acciones y Valores Company Profile

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.