Grupo Financiero Galicia S.A. to Issue Special Dividend of $0.14 (NASDAQ:GGAL)
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Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has declared a special dividend of $0.1381 per share, payable on October 7th to stockholders of record as of September 30th. The ex-dividend date is also September 30th. The company has a dividend payout ratio of 3.2%, indicating that its dividend is well-covered by earnings. Analysts project earnings of $7.26 per share for the next year, suggesting continued ability to cover its annual dividend of $0.27. The stock recently traded at $29.58, with a market capitalization of $4.36 billion.
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