Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Plans Dividend of $0.42

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) announced a dividend on Friday, October 2nd. Investors of record on Wednesday, October 14th will be given a dividend of $0.4168 per share by the bank on Friday, October 30th. This represents a yield of 309.0%. The ex-dividend date of this dividend is Wednesday, October 14th.

Banco Bilbao Viscaya Argentaria has increased its dividend by an average of 0.4% per year over the last three years. Banco Bilbao Viscaya Argentaria has a payout ratio of 34.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect Banco Bilbao Viscaya Argentaria to earn $2.79 per share next year, which means the company should continue to be able to cover its $0.67 annual dividend with an expected future payout ratio of 24.0%.

Banco Bilbao Viscaya Argentaria Stock Down 0.1%

Shares of NYSE BBVA opened at $26.09 on Monday. Banco Bilbao Viscaya Argentaria has a 1 year low of $17.90 and a 1 year high of $29.64. The firm has a 50-day simple moving average of $28.44 and a two-hundred day simple moving average of $25.23. The company has a market cap of $145.64 billion, a P/E ratio of 11.86, a PEG ratio of 0.69 and a beta of 0.82. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.06 and a quick ratio of 1.06.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its earnings results on Tuesday, June 30th. The bank reported $0.62 earnings per share (EPS) for the quarter. The business had revenue of $11.99 billion during the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 18.05% and a net margin of 27.75%. Research analysts anticipate that Banco Bilbao Viscaya Argentaria will post 2.42 earnings per share for the current year.

About Banco Bilbao Viscaya Argentaria

Banco Bilbao Vizcaya Argentaria, SA (NYSE: BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank provides retail and commercial banking, corporate and investment banking, wealth management, asset management, payments and insurance services to individuals, businesses, institutions and public-sector clients.

BBVA traces its origins to Banco de Bilbao, founded in 1857. The modern group was formed through the merger of Banco Bilbao Vizcaya and Argentaria in 1999.