Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) To Go Ex-Dividend on April 9th

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Wednesday, April 9th will be paid a dividend of 0.4439 per share by the bank on Friday, April 25th. The ex-dividend date is Wednesday, April 9th. This is a 303.6% increase from Banco Bilbao Vizcaya Argentaria’s previous dividend of $0.11.

Banco Bilbao Vizcaya Argentaria has increased its dividend by an average of 100.2% per year over the last three years. Banco Bilbao Vizcaya Argentaria has a payout ratio of 35.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Banco Bilbao Vizcaya Argentaria to earn $1.59 per share next year, which means the company should continue to be able to cover its $0.63 annual dividend with an expected future payout ratio of 39.6%.

Banco Bilbao Vizcaya Argentaria Stock Up 2.3 %

Shares of BBVA opened at $14.49 on Wednesday. The business’s fifty day moving average price is $12.66 and its two-hundred day moving average price is $10.95. The firm has a market capitalization of $84.59 billion, a price-to-earnings ratio of 8.01, a PEG ratio of 0.80 and a beta of 1.26. Banco Bilbao Vizcaya Argentaria has a 52 week low of $9.23 and a 52 week high of $14.84. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. On average, analysts predict that Banco Bilbao Vizcaya Argentaria will post 1.59 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. Finally, StockNews.com cut Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, March 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.