tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Grupo Financiero Galicia Announces Second Dividend Payment for FY 2024

Story Highlights
Grupo Financiero Galicia Announces Second Dividend Payment for FY 2024

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Grupo Financiero Galicia SA ( (GGAL) ) has provided an announcement.

On July 31, 2025, Grupo Financiero Galicia S.A. announced that its subsidiary, Banco de Galicia y Buenos Aires S.A., has made available the second installment of cash dividends for the fiscal year 2024. The payment, totaling ARS 34,529,085,525.33, is distributed according to shareholders’ holdings and authorized by the Argentine Central Bank. This distribution is subject to a 7% withholding tax as per Argentine Income Tax Law.

The most recent analyst rating on (GGAL) stock is a Buy with a $78.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.

Spark’s Take on GGAL Stock

According to Spark, TipRanks’ AI Analyst, GGAL is a Outperform.

Grupo Financiero Galicia SA displays strong financial performance with solid revenue growth and profitability. The stock’s technical indicators show potential upward momentum, though the MACD suggests caution. The valuation indicates the stock is undervalued with a low P/E ratio and attractive dividend yield. Cash flow management is a concern that may affect financial flexibility, necessitating improvement in this area.

To see Spark’s full report on GGAL stock, click here.

More about Grupo Financiero Galicia SA

Grupo Financiero Galicia S.A. is a prominent financial services company based in Buenos Aires, Argentina. The company operates primarily through its main subsidiary, Banco de Galicia y Buenos Aires S.A., offering a range of banking services and financial products to its customers.

Average Trading Volume: 1,348,909

Technical Sentiment Signal: Buy

Current Market Cap: $8.32B

For a thorough assessment of GGAL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1