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Grupo Financiero Galicia (Grupo Financiero Galicia) Forward Dividend Yield % : 2.00% (As of Apr. 25, 2024)


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What is Grupo Financiero Galicia Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of Grupo Financiero Galicia is 2.00%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of Grupo Financiero Galicia is 2.00%.

GGAL's Forward Dividend Yield % is ranked worse than
85.31% of 1171 companies
in the Banks industry
Industry Median: 4.14 vs GGAL: 2.00

Grupo Financiero Galicia's Dividends per Share for the three months ended in Sep. 2023 was $0.27.

During the past 12 months, Grupo Financiero Galicia's average Dividends Per Share Growth Rate was 410.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 109.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Grupo Financiero Galicia was 130.20% per year. The lowest was 6.50% per year. And the median was 83.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Grupo Financiero Galicia's Forward Dividend Yield %

For the Banks - Regional subindustry, Grupo Financiero Galicia's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grupo Financiero Galicia's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grupo Financiero Galicia's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Grupo Financiero Galicia's Forward Dividend Yield % falls into.



Grupo Financiero Galicia Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Grupo Financiero Galicia Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1152023-09-222023-09-252023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1432023-08-242023-08-252023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1612023-07-282023-07-312023-08-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.1712023-07-102023-07-112023-07-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Grupo Financiero Galicia's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.46/29.71
=1.55 %

Current Share Price is $29.71.
Grupo Financiero Galicia's Dividends per Share for the forward twelve months is calculated as $0.115 * 4 = $0.46.

Grupo Financiero Galicia's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.59/29.71
=1.99 %

Current Share Price is $29.71.
Grupo Financiero Galicia's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.59.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Grupo Financiero Galicia  (NAS:GGAL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Grupo Financiero Galicia Forward Dividend Yield % Related Terms

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Grupo Financiero Galicia (Grupo Financiero Galicia) Business Description

Traded in Other Exchanges
Address
Tte. Gral. Juan D. Peron 430, 25th Floor, Buenos Aires, ARG, C1038 AAJ
Grupo Financiero Galicia SA is a financial service holding company. It provides general banking services, proprietary brand credit card services, personal loans, insurance, and other services. The company's operating business segments are Banks, Ecosistema Naranja X, Insurance, Adjustments, and Other Businesses. It generates maximum revenue from Banks. Geographically its operate in Argentina, Uruguay, and the majority of its revenue comes from Argentina.

Grupo Financiero Galicia (Grupo Financiero Galicia) Headlines

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