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Galicia Financial Group Announces Major Dividend

Galicia Financial Group Announces Major Dividend

Grupo Financiero Galicia (GGAL) has released an update.

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Grupo Financiero Galicia S.A. has announced that the Argentine Central Bank approved a substantial cash dividend payment from its principal subsidiary, Banco de Galicia y Buenos Aires S.A.U., totaling Ps. 255 billion. This hefty dividend is set to be paid out in three equal installments, with adjustments made for currency valuation changes over the payment periods.

For further insights into GGAL stock, check out TipRanks’ Stock Analysis page.

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