Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) declared a None dividend on Wednesday, September 13th, NASDAQ reports. Shareholders of record on Friday, September 29th will be paid a dividend of 0.034 per share by the bank on Tuesday, October 10th. The ex-dividend date of this dividend is Thursday, September 28th. This is an increase from Grupo Aval Acciones y Valores’s previous None dividend of $0.03.

Grupo Aval Acciones y Valores has a payout ratio of 55.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Grupo Aval Acciones y Valores to earn $0.78 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 51.3%.

Grupo Aval Acciones y Valores (NYSE:AVAL) opened at 9.04 on Thursday. The stock has a market capitalization of $10.07 billion, a PE ratio of 15.07 and a beta of 0.55. Grupo Aval Acciones y Valores has a one year low of $7.18 and a one year high of $9.38. The firm has a 50-day moving average of $8.89 and a 200 day moving average of $8.35.

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Several analysts have commented on AVAL shares. BidaskClub lowered shares of Grupo Aval Acciones y Valores from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Citigroup Inc. raised shares of Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a research report on Wednesday, June 28th. ValuEngine lowered shares of Grupo Aval Acciones y Valores from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Finally, Zacks Investment Research raised shares of Grupo Aval Acciones y Valores from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Grupo Aval Acciones y Valores presently has an average rating of “Buy” and a consensus target price of $9.50.

About Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores SA is a Colombia-based holding company primarily engaged, through its subsidiaries, in the acquisition, purchase and sale of stocks, bonds and other securities of companies active in the financial sector. The Company provides a variety of financial services and products across the Colombian market, ranging from traditional banking services, such as loans and deposits to pension and severance fund management, as well as the provision of legal representation services.The Company owns such subsidiaries as Banco de Bogota SA, Banco Popular SA, among others.

Dividend History for Grupo Aval Acciones y Valores (NYSE:AVAL)

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