<div id="readability-page-1"><p><strong>Grupo Financiero Galicia S.A.</strong> (NASDAQ:GGAL - Get Free Report) declared a  dividend on Thursday, April 30th, NASDAQ Dividends reports. Investors of record on Monday, May 11th will be paid a dividend of 0.6229 per share by the bank on Friday, May 8th. The ex-dividend date is Monday, May 11th.</p><p>Grupo Financiero Galicia has raised its dividend by an average of 1.0%annually over the last three years. Grupo Financiero Galicia has a dividend payout ratio of 82.7% meaning its dividend is currently covered by earnings, but may not be in the future if the company's earnings decline. Analysts expect Grupo Financiero Galicia to earn $6.43 per share next year, which means the company may not be able to cover its $6.88 annual dividend with an expected future payout ratio of 107.0%. </p><h2>Grupo Financiero Galicia Stock Performance</h2><p>Shares of GGAL opened at $41.96 on Friday. The business's fifty day moving average price is $44.86 and its 200 day moving average price is $49.00. Grupo Financiero Galicia has a 12-month low of $25.89 and a 12-month high of $65.48. The stock has a market capitalization of $6.74 billion, a PE ratio of 21.19 and a beta of 1.27. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.16 and a quick ratio of 1.16. </p><p>Grupo Financiero Galicia (NASDAQ:GGAL - Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The bank reported ($0.36) earnings per share (EPS) for the quarter. Grupo Financiero Galicia had a return on equity of 18.96% and a net margin of 7.13%.The firm had revenue of $666.89 million for the quarter.  Equities research analysts forecast that  Grupo Financiero Galicia will post 3.66 EPS for the current year. </p><h2>Institutional Investors Weigh In On Grupo Financiero Galicia</h2><p>Hedge funds and other institutional investors have recently modified their holdings of the stock. Hantz Financial Services Inc. raised its stake in shares of  Grupo Financiero Galicia by 131.6% during the third quarter. Hantz Financial Services Inc. now owns 938 shares of the bank's stock valued at $26,000 after purchasing an additional 533 shares in the last quarter.  Rockefeller Capital Management L.P. bought a new stake in shares of  Grupo Financiero Galicia during the fourth quarter valued at about $39,000.  Caitong International Asset Management Co. Ltd raised its stake in shares of  Grupo Financiero Galicia by 4,942.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 2,118 shares of the bank's stock valued at $58,000 after purchasing an additional 2,076 shares in the last quarter.  State of Wyoming bought a new stake in  Grupo Financiero Galicia in the fourth quarter worth about $74,000.  Finally, Leonteq Securities AG raised its position in  Grupo Financiero Galicia by 563.2% in the first quarter. Leonteq Securities AG now owns 2,036 shares of the bank's stock worth $95,000 after acquiring an additional 1,729 shares in the last quarter. </p><h2>About Grupo Financiero Galicia</h2> (Get Free Report)<p>Grupo Financiero Galicia is a diversified financial services holding company headquartered in Buenos Aires, Argentina. As one of the country's largest private-sector financial institutions, the company provides a comprehensive suite of banking, insurance and investment products to individual, small-to-medium enterprise (SME) and corporate clients. Its operations span retail and commercial banking, asset management, leasing, factoring and pension fund administration.  </p><p>The core banking segment offers deposit and lending services, credit and debit cards, payment solutions and digital banking platforms.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Grupo Financiero Galicia</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R0dBTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R0dBTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Grupo Financiero Galicia Right Now?</h2><p>Before you consider Grupo Financiero Galicia, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Financiero Galicia wasn't on the list.</p><p>While Grupo Financiero Galicia currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GGAL

<p>Grupo Financiero Galicia S.A. (NASDAQ:GGAL) announced a dividend of $0.6229 per share, payable on May 8th to stockholders of record on May 11th. The ex-dividend date is also May 11th. The company has raised its dividend by an average of 1.0% annually over the last three years, but analysts project a future payout ratio of 107.0%, indicating potential challenges in covering the dividend. The stock opened at $41.96, with a market cap of $6.74 billion and a PE ratio of 21.19.</p>

Grupo Financiero Galicia S.A. Plans Dividend of $0.62 (NASDAQ:GGAL)