Grupo Aval Acciones y Valores S.A. (AVAL) to Issue Monthly Dividend of $0.02 on March 8th

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) declared a monthly dividend on Thursday, July 30th. Stockholders of record on Friday, February 26th will be given a dividend of 0.0165 per share by the bank on Monday, March 8th. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, February 26th.

Grupo Aval Acciones y Valores has decreased its dividend by an average of 0.2%annually over the last three years. Grupo Aval Acciones y Valores has a payout ratio of 25.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Grupo Aval Acciones y Valores to earn $0.57 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 22.8%.

Grupo Aval Acciones y Valores Trading Up 1.9%

Grupo Aval Acciones y Valores stock opened at $5.25 on Friday. Grupo Aval Acciones y Valores has a 12-month low of $2.80 and a 12-month high of $6.20. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $6.23 billion, a PE ratio of 14.19 and a beta of 0.59. The firm has a 50 day simple moving average of $5.06 and a 200-day simple moving average of $4.62.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its earnings results on Wednesday, May 13th. The bank reported $0.08 EPS for the quarter. Grupo Aval Acciones y Valores had a return on equity of 6.24% and a net margin of 4.99%. As a group, equities research analysts expect that Grupo Aval Acciones y Valores will post 0.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Grupo Aval Acciones y Valores from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

About Grupo Aval Acciones y Valores

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.