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

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) announced a semi-annual dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 9th will be given a dividend of 0.4439 per share by the bank on Friday, April 25th. This represents a yield of 4.3%. The ex-dividend date is Wednesday, April 9th. This is a 303.6% increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11.

Banco Bilbao Vizcaya Argentaria has increased its dividend by an average of 100.2% annually over the last three years. Banco Bilbao Vizcaya Argentaria has a dividend payout ratio of 49.7% meaning its dividend is sufficiently covered by earnings. Equities research 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 $0.89 annual dividend with an expected future payout ratio of 56.0%.

Banco Bilbao Vizcaya Argentaria Price Performance

NYSE BBVA opened at $12.23 on Monday. The firm has a market capitalization of $71.37 billion, a P/E ratio of 6.75, a P/E/G ratio of 0.80 and a beta of 1.00. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. The firm’s fifty day simple moving average is $13.10 and its two-hundred day simple moving average is $11.14. Banco Bilbao Vizcaya Argentaria has a 12-month low of $9.23 and a 12-month high of $14.84.

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

Analysts Set New Price Targets

BBVA has been the subject of several recent analyst reports. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Friday, March 28th. Finally, Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Company Profile

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.