Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Get Free Report) declared a special dividend on Friday, September 19th. Investors of record on Tuesday, September 30th will be given a dividend of 0.1381 per share by the bank on Tuesday, October 7th. The ex-dividend date of this dividend is Tuesday, September 30th.
Grupo Financiero Galicia has a dividend payout ratio of 3.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Grupo Financiero Galicia to earn $7.26 per share next year, which means the company should continue to be able to cover its $0.27 annual dividend with an expected future payout ratio of 3.7%.
Grupo Financiero Galicia Price Performance
GGAL traded down $0.95 during midday trading on Friday, hitting $29.58. The company had a trading volume of 2,818,969 shares, compared to its average volume of 3,730,089. Grupo Financiero Galicia has a twelve month low of $25.89 and a twelve month high of $74.00. The firm's 50-day simple moving average is $41.96 and its 200-day simple moving average is $51.04. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.16 and a current ratio of 1.16. The company has a market capitalization of $4.36 billion, a PE ratio of 4.36 and a beta of 1.71.
Grupo Financiero Galicia Company Profile
(
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Grupo Financiero Galicia SA, a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses segments. It also offers personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services, as well as savings, deposits, and checking accounts related services.
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