Grupo Financiero Galicia S.A. (NASDAQ:GGAL) Announces Variable Dividend of $0.66

Posted by Clark Linder on Jul 25th, 2024

Grupo Financiero Galicia S.A. (NASDAQ:GGAL – Get Free Report) declared a Variable dividend on Tuesday, July 16th, investing.com reports. Stockholders of record on Friday, July 26th will be paid a dividend of 0.6575 per share by the bank on Friday, August 2nd. This represents a dividend yield of 6.64%. The ex-dividend date is Friday, July 26th. This is a positive change from Grupo Financiero Galicia’s previous Variable dividend of $0.12.

Grupo Financiero Galicia has raised its dividend by an average of 145.6% per year over the last three years.

Grupo Financiero Galicia Trading Down 2.8 %

Grupo Financiero Galicia stock opened at $28.68 on Thursday. The stock has a 50-day moving average price of $31.77 and a 200 day moving average price of $27.02. Grupo Financiero Galicia has a 52 week low of $10.57 and a 52 week high of $37.83. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.04.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a report on Monday, July 8th.

View Our Latest Research Report on Grupo Financiero Galicia

Grupo Financiero Galicia Company Profile

(Get Free Report)

Grupo Financiero Galicia SA, a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses segments. It also offers personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services, as well as savings, deposits, and checking accounts related services.