Grupo Aval Confirms January 2024 Dividend Payment
Ticker: AVAL · Form: 6-K · Filed: Jan 2, 2024 · CIK: 1504764
Complexity: simple
Sentiment: bullish
Topics: dividends, corporate-action, financial-stability
TL;DR
**Grupo Aval paid its January dividends as planned, good news for income investors.**
AI Summary
Grupo Aval Acciones y Valores S.A. (NYSE: AVAL) announced on January 2, 2024, that it successfully paid its scheduled January 2024 dividends. This payment aligns with the Profit Distribution Plan approved by shareholders on March 30, 2023. This matters to investors because it confirms the company's commitment to returning capital to shareholders as planned, indicating financial stability and adherence to previously communicated policies.
Why It Matters
This filing confirms that Grupo Aval is following through on its commitment to pay dividends, which is a positive sign for investors relying on regular income from their shares.
Risk Assessment
Risk Level: low — This filing indicates the company is meeting its financial obligations, which generally reduces investor risk.
Analyst Insight
Investors holding Grupo Aval stock for income can be reassured by this filing that the company is maintaining its dividend commitments, suggesting continued financial health and predictable returns.
Key Players & Entities
- Grupo Aval Acciones y Valores S.A. (company) — the registrant filing the 6-K
- Jorge Adrián Rincón Plata (person) — Chief Legal Counsel who signed the filing
- January 2024 (date) — the month for which dividends were paid
- March 30, 2023 (date) — date the General Shareholders Meeting approved the Profit Distribution
Forward-Looking Statements
- Grupo Aval will continue to adhere to its approved dividend distribution schedule. (Grupo Aval Acciones y Valores S.A.) — high confidence, target: next dividend payment date
FAQ
What is the purpose of this 6-K filing by Grupo Aval Acciones y Valores S.A.?
The purpose of this 6-K filing is to inform the United States Securities and Exchange Commission (SEC) and investors that Grupo Aval Acciones y Valores S.A. made the payment of dividends scheduled for January 2024.
When was the dividend payment announced in this filing scheduled for?
The dividend payment announced in this filing was scheduled for January 2024.
Which corporate body approved the distribution of profits that led to this dividend payment?
The Proposed Distribution of Profits, which led to this dividend payment, was approved by the General Shareholders Meeting on March 30, 2023.
Who signed this 6-K report on behalf of Grupo Aval Acciones y Valores S.A.?
Jorge Adrián Rincón Plata, the Chief Legal Counsel, signed this 6-K report on behalf of Grupo Aval Acciones y Valores S.A. on January 2, 2024.
What is the Commission File Number for Grupo Aval Acciones y Valores S.A.?
The Commission File Number for Grupo Aval Acciones y Valores S.A. is 001-36631.
Filing Stats: 213 words · 1 min read · ~1 pages · Grade level 9.6 · Accepted 2024-01-02 16:30:25
Filing Documents
- dp204660_6k.htm (6-K) — 10KB
- image_001.jpg (GRAPHIC) — 4KB
- image_002.jpg (GRAPHIC) — 5KB
- 0000950103-24-000042.txt ( ) — 24KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report Of Foreign Private Issuer Pursuant To Rule 13a-16 Or 15d-16 Of The Securities Exchange Act Of 1934 For the month of January 2024 Commission File Number: 001-36631 Grupo Aval Acciones y Valores S.A. (Exact name of registrant as specified in its charter) Carrera 13 No. 26A - 47 Bogotá D.C., Colombia (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F X Form 40-F GRUPO AVAL ACCIONES Y VALORES S.A. TABLE OF CONTENTS ITEM 1. Notice of relevant information dated January 2, 2024 Item 1 RELEVANT INFORMATION Bogotá, January 02, 2024. Grupo Aval Acciones y Valores S.A. informs that the payment of dividends scheduled for January 2024, was made in accordance with the Proposed Distribution of Profits approved by the General Shareholders Meeting on March 30, 2023. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: January 2, 2024 GRUPO AVAL ACCIONES Y VALORES S.A. By: /s/ Jorge Adrián Rincón Plata Name: Jorge Adrián Rincón Plata Title: Chief Legal Counsel