Grupo Financiero Galicia S.A., 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. The company's products and services cover savings, current, and checking accounts; personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services. It also offers financing products and services; consumer finance services; electronic check; global custody services; Fima funds; financial and stock market services to individuals, companies, and financial institutions; foreign trade services; and capital market and investment banking products that include debt securities, short-term securities, bills, and financial trusts. In addition, the company provides robbery, personal accident, life collective, home, life, integral pyme, pet, surety, various risks, and technical insurance products. Further, it offers private banking services to high net worth individuals; and operates digital investment platform. As of December 31, 2021, it had 312 full service banking branches; and 1,991 ATMs and self-service terminals. Grupo Financiero Galicia S.A. was founded in 1905 and is based in Buenos Aires, Argentina.
Grupo Financiero Galicia Dividend Announcement
• Grupo Financiero Galicia announced a quarterly dividend of $0.72 per ordinary share which will be made payable on 2024-08-26. Ex dividend date: 2024-08-19
• Grupo Financiero Galicia annual dividend for 2024 was $2.37
• Grupo Financiero Galicia annual dividend for 2023 was $1.12
• Grupo Financiero Galicia's trailing twelve-month (TTM) dividend yield is 4.27%
• Grupo Financiero Galicia's payout ratio for the trailing twelve months (TTM) is 46.60%
• Grupo Financiero Galicia's dividend growth over the last five years (2018-2023) was 25.35% year
• Grupo Financiero Galicia's dividend growth over the last ten years (2013-2023) was 40.40% year
Grupo Financiero Galicia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-19 | $0.72 | quarterly | 2024-08-26 |
2024-07-26 | $0.66 | quarterly | 2024-08-02 |
2024-06-21 | $0.70 | quarterly | 2024-06-28 |
2024-06-10 | $0.29 | quarterly | 2024-06-17 |
2023-09-22 | $0.12 | quarterly | 2023-10-02 |
2023-08-24 | $0.14 | quarterly | 2023-09-01 |
2023-07-28 | $0.16 | quarterly | 2023-08-07 |
2023-07-10 | $0.17 | quarterly | 2023-07-17 |
2023-05-31 | $0.45 | quarterly | 2023-06-06 |
2023-01-27 | $0.08 | quarterly | 2023-02-06 |
2022-09-30 | $0.09 | quarterly | 2022-10-11 |
2022-05-13 | $0.30 | quarterly | 2022-05-31 |
2021-05-14 | $0.06 | quarterly | 2021-05-21 |
2020-10-09 | $0.08 | quarterly | 2020-10-16 |
2019-05-15 | $0.31 | quarterly | 2019-05-22 |
2018-05-11 | $0.36 | quarterly | 2018-05-16 |
2017-05-10 | $0.12 | quarterly | 2017-05-19 |
2016-05-19 | $0.08 | quarterly | 2016-06-03 |
2015-05-26 | $0.09 | quarterly | 2015-12-29 |
2014-05-22 | $0.04 | quarterly | 2014-07-08 |
2013-05-15 | $0.04 | quarterly | 2013-07-05 |
Grupo Financiero Galicia Dividend per year
Grupo Financiero Galicia Dividend growth
Grupo Financiero Galicia Dividend Yield
Grupo Financiero Galicia current trailing twelve-month (TTM) dividend yield is 4.27%. Interested in purchasing Grupo Financiero Galicia stock? Use our calculator to estimate your expected dividend yield:
Grupo Financiero Galicia Financial Ratios
Grupo Financiero Galicia Dividend FAQ
Other factors to consider when evaluating Grupo Financiero Galicia as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Grupo Financiero Galicia's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Grupo Financiero Galicia publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Grupo Financiero Galicia distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Grupo Financiero Galicia are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Grupo Financiero Galicia sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Grupo Financiero Galicia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grupo Financiero Galicia declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Grupo Financiero Galicia's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Grupo Financiero Galicia's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.