Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) announced a quarterly dividend on Friday, September 29th, Wall Street Journal reports. Investors of record on Monday, October 9th will be given a dividend of 0.1061 per share by the bank on Wednesday, October 25th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.76%. The ex-dividend date is Thursday, October 5th. This is a positive change from Banco Bilbao Vizcaya Argentaria SA’s previous quarterly dividend of $0.08.

Shares of Banco Bilbao Vizcaya Argentaria SA (BBVA) opened at 8.92 on Friday. The company has a market capitalization of $59.41 billion and a price-to-earnings ratio of 13.14. Banco Bilbao Vizcaya Argentaria SA has a 1-year low of $5.78 and a 1-year high of $9.35. The company’s 50 day moving average price is $8.90 and its 200-day moving average price is $8.30.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last announced its earnings results on Friday, July 28th. The bank reported $0.18 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.18. Banco Bilbao Vizcaya Argentaria SA had a return on equity of 9.26% and a net margin of 17.53%. The company had revenue of $6.96 billion for the quarter. On average, equities analysts forecast that Banco Bilbao Vizcaya Argentaria SA will post $0.61 earnings per share for the current year.

BBVA has been the topic of a number of recent research reports. Zacks Investment Research raised Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a report on Friday, September 8th. BidaskClub raised Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 8th. Finally, ValuEngine cut Banco Bilbao Vizcaya Argentaria SA from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $9.75.

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Banco Bilbao Vizcaya Argentaria SA Company Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

Dividend History for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

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