Galicia Financial Group Stock To Go Ex-dividend Tomorrow (GGAL)
NEW YORK (TheStreet) -- The ex-dividend date for Galicia Financial Group (Nasdaq:GGAL) is tomorrow, May 11, 2011. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $13.04 as of 9:31 a.m. ET, the dividend yield is 0.2%. The average volume for Galicia Financial Group has been 322,900 shares per day over the past 30 days. Galicia Financial Group has a market cap of $1.5 billion and is part of the financial sector and banking industry. Shares are down 15.8% year to date as of the previous trading day's close. Grupo Financiero Galicia S.A. operates as the holding company for Banco de Galicia y Buenos Aires S.A. that provides financial products and services to large corporations, small and medium-sized companies, and individuals. The company has a P/E ratio of 6.2, below the average banking industry P/E ratio of 15 and below the S&P 500 P/E ratio of 16.2.
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