Grupo Aval Acciones y Valores S.A. (AVAL) to Issue Monthly Dividend of $0.01 on May 9th

Grupo Aval Acciones y Valores S.A. (NYSE:AVALGet Free Report) declared a monthly dividend on Thursday, April 4th, Zacks reports. Stockholders of record on Wednesday, May 1st will be given a dividend of 0.008 per share by the bank on Thursday, May 9th. This represents a $0.10 annualized dividend and a dividend yield of 3.95%. The ex-dividend date is Tuesday, April 30th.

Grupo Aval Acciones y Valores has decreased its dividend by an average of 19.4% per year over the last three years. Grupo Aval Acciones y Valores has a payout ratio of 26.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Grupo Aval Acciones y Valores to earn $0.29 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 44.8%.

Grupo Aval Acciones y Valores Trading Up 1.7 %

NYSE AVAL opened at $2.43 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.74. The company has a fifty day simple moving average of $2.41 and a two-hundred day simple moving average of $2.39. The stock has a market cap of $2.88 billion, a P/E ratio of 40.51 and a beta of 1.09. Grupo Aval Acciones y Valores has a 12-month low of $2.08 and a 12-month high of $2.70.

About Grupo Aval Acciones y Valores

(Get Free Report)

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.

Featured Articles

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

Receive News & Ratings for Grupo Aval Acciones y Valores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aval Acciones y Valores and related companies with MarketBeat.com's FREE daily email newsletter.