Grupo Aval Acciones y Valores S.A. (AVAL) To Go Ex-Dividend on September 30th

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) announced a monthly dividend on Tuesday, April 8th, Wall Street Journal reports. Investors of record on Tuesday, September 30th will be paid a dividend of 0.0084 per share by the bank on Wednesday, October 8th. This represents a $0.10 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend is Tuesday, September 30th.

Grupo Aval Acciones y Valores has decreased its dividend payment by an average of 23.7% annually over the last three years. Grupo Aval Acciones y Valores has a payout ratio of 26.5% meaning its dividend is sufficiently covered by earnings. Equities 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 NYSE AVAL opened at $2.48 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.00 and a debt-to-equity ratio of 0.79. Grupo Aval Acciones y Valores has a 1-year low of $1.94 and a 1-year high of $3.32. The company has a fifty day moving average price of $2.80 and a 200 day moving average price of $2.36. The firm has a market cap of $2.94 billion, a PE ratio of 14.59 and a beta of 0.72.

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.