Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Plans $0.01 Monthly Dividend

Key Points

• Grupo Aval Acciones y Valores S.A. declared a monthly dividend of $0.0115 per share, with an ex-dividend date of December 31st and a payment date set for January 9th.
• The company's dividend payout ratio is 25.5%, indicating the dividend is covered by earnings, with expectations of earning $0.33 per share next year.
• As of the latest data, Grupo Aval’s stock opened at $3.27, with a market capitalization of $3.88 billion and a price-to-earnings ratio of 10.55.

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) declared a monthly dividend on Thursday, September 4th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.0115 per share by the bank on Friday, January 9th. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Wednesday, December 31st.

Grupo Aval Acciones y Valores has a dividend payout ratio of 25.5% meaning its dividend is sufficiently covered by earnings. Equities 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 Price Performance

Shares of Grupo Aval Acciones y Valores stock traded down $0.04 during trading on Tuesday, reaching $3.36. 43,921 shares of the company's stock were exchanged, compared to its average volume of 45,522. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.99 and a current ratio of 0.99. Grupo Aval Acciones y Valores has a 1-year low of $1.94 and a 1-year high of $3.44. The company has a market cap of $3.99 billion, a P/E ratio of 10.84 and a beta of 0.81. The firm's 50-day moving average price is $3.06 and its 200 day moving average price is $2.88.

Grupo Aval Acciones y Valores Company Profile

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.