<div id="readability-page-1"><p><strong>Grupo Financiero Galicia S.A.</strong> (NASDAQ:GGAL - Get Free Report) declared a monthly dividend on Thursday, March 19th. Investors of record on Monday, March 30th will be paid a dividend of 0.16 per share by the bank on Monday, April 6th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, March 30th. This is a 3.8% increase from Grupo Financiero Galicia's previous monthly dividend of $0.15.</p><p>Grupo Financiero Galicia has increased its dividend by an average of 0.5%annually over the last three years. Grupo Financiero Galicia has a dividend payout ratio of 23.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Grupo Financiero Galicia to earn $7.26 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 26.4%. </p><h2>Grupo Financiero Galicia Price Performance</h2><p>Shares of NASDAQ GGAL opened at $42.70 on Friday. Grupo Financiero Galicia has a 1 year low of $25.89 and a 1 year high of $66.24. The firm has a 50-day simple moving average of $47.60 and a two-hundred day simple moving average of $45.86. The company has a market cap of $6.30 billion, a P/E ratio of 21.57 and a beta of 1.48. </p><p>Grupo Financiero Galicia (NASDAQ:GGAL - Get Free Report) last issued its quarterly earnings results on Saturday, February 14th. The bank reported ($0.36) earnings per share for the quarter. Grupo Financiero Galicia had a return on equity of 18.96% and a net margin of 7.13%.The business had revenue of $666.89 million during the quarter.  As a group, equities research analysts expect that  Grupo Financiero Galicia will post 7.49 EPS for the current year. </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>

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<p>Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has announced a monthly dividend increase to $0.16 per share, effective April 6th for shareholders of record on March 30th. This marks a 3.8% rise from the previous dividend of $0.15. The annualized yield is 4.5%, with a payout ratio of 23.1%, indicating strong earnings coverage. Analysts project earnings of $7.26 per share for the next year, supporting the sustainability of the dividend. The company's market cap is $6.30 billion, with a P/E ratio of 21.57.</p>

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Grupo Financiero Galicia S.A. (NASDAQ:GGAL) Declares Dividend Increase - $0.16 Per Share