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

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

Grupo Aval Acciones y Valores has decreased its dividend by an average of 0.2%per year over the last three years. 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 $0.57 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 Stock Performance

NYSE AVAL opened at $5.25 on Friday. The firm has a market cap of $6.23 billion, a P/E ratio of 14.19 and a beta of 0.59. Grupo Aval Acciones y Valores has a 52-week low of $2.80 and a 52-week high of $6.20. The business’s 50-day moving average price is $5.06 and its 200 day moving average price is $4.62. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.56.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted its quarterly earnings data 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%. On average, equities research analysts expect that Grupo Aval Acciones y Valores will post 0.43 earnings per share for the current year.

Institutional Trading of Grupo Aval Acciones y Valores

Several hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC purchased a new stake in shares of Grupo Aval Acciones y Valores in the second quarter valued at about $34,000. HBK Sorce Advisory LLC purchased a new position in Grupo Aval Acciones y Valores during the fourth quarter worth about $49,000. Banco BTG Pactual S.A. raised its holdings in Grupo Aval Acciones y Valores by 33.0% during the third quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock worth $51,000 after purchasing an additional 3,871 shares in the last quarter. Apollon Wealth Management LLC acquired a new stake in Grupo Aval Acciones y Valores in the first quarter valued at about $55,000. Finally, XTX Topco Ltd acquired a new stake in Grupo Aval Acciones y Valores in the second quarter valued at about $78,000. Institutional investors and hedge funds own 0.21% of the company’s stock.

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.