Grupo Financiero Galicia Dividend
Dividend criteria checks 4/6
Grupo Financiero Galicia is a dividend paying company with a current yield of 0.74% that is well covered by earnings.
Key information
0.7%
Dividend yield
23%
Payout ratio
Industry average yield | 4.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AR$228.01 |
Dividend yield forecast in 3Y | 8.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GGAL's dividend payments have been volatile in the past 10 years.
Growing Dividend: GGAL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Grupo Financiero Galicia Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GGAL) | 0.7% |
Market Bottom 25% (AR) | 0.6% |
Market Top 25% (AR) | 2.9% |
Industry Average (Banks) | 4.6% |
Analyst forecast in 3 Years (GGAL) | 8.3% |
Notable Dividend: GGAL's dividend (0.74%) is higher than the bottom 25% of dividend payers in the AR market (0.65%).
High Dividend: GGAL's dividend (0.74%) is low compared to the top 25% of dividend payers in the AR market (2.87%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.6%), GGAL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GGAL's dividends in 3 years are forecast to be covered by earnings (59.5% payout ratio).