Dividend Information About GALICIA FINANCIAL GROUP: Essential Insights Before Jun 3, 2025 Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Friday, May 30, 2025 7:19 pm ET1min read

Grupo Financiero Galicia S.A. (GGAL) has announced a dividend of $0.263 per share, with key dates being May 23, 2025, for the announcement, Jun 3, 2025, as the ex-dividend date, and Jun 10, 2025, for dividend issuance. This dividend is higher compared to the average of the last ten dividends, which stands at $0.226 per share. The dividend type is cash dividend. Previously, on Aug 26, 2024, issued a dividend of $0.725 per share, also categorized as a cash dividend.

Recently, Grupo Financiero Galicia S.A. has experienced notable market movements and updates. In the past week, the company's shares have been trading down by approximately 4.03%. Analysts indicated pressures within the financial sector as contributing factors to this decline. Furthermore, GGAL shares fell 3.92% in mid-day trading on May 29, reaching an intraday low of $57.93 before recovering. Additionally, since the last update, the company released its Q1 earnings, revealing a significant drop in income, which may impact investor sentiment and market performance.

Over the past week, GGAL's strategic decisions have also come under scrutiny. A recent announcement highlighted the company's plans to merge Galicia Y Buenos Aires SAU & Banco GGAL , with Banco Galicia as the absorbing entity. This merger might influence the company's operational structure and financial health, reflecting its efforts to streamline operations and strengthen market position. The implications of this merger, along with the earnings report, are pivotal for stakeholders considering GGAL's current trajectory.

In conclusion, investors should note that the ex-dividend date for GGAL is Jun 3, 2025. This marks the last day to acquire shares to be eligible for the upcoming dividend. Purchases made after this date will not qualify for the current dividend distribution.

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