Grupo Aval Confirms February 2024 Dividend Payment
Ticker: AVAL · Form: 6-K · Filed: Feb 1, 2024 · CIK: 1504764
Complexity: simple
Sentiment: bullish
Topics: dividends, shareholder-returns, financial-stability
TL;DR
**Grupo Aval paid its February 2024 dividends as planned, good news for income investors.**
AI Summary
Grupo Aval Acciones y Valores S.A. (NYSE: AVAL) announced on February 1, 2024, that it successfully paid dividends for February 2024. This payment aligns with the Proposed Distribution of Profits approved by its General Shareholders Meeting on March 30, 2023. This matters to investors because it confirms the company's commitment to returning capital to shareholders as previously planned, indicating financial stability and adherence to its dividend policy.
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 regarding dividend payments, which is a positive and low-risk event.
Analyst Insight
An investor should view this as a confirmation of the company's financial health and commitment to shareholder returns. For income-focused investors, this reinforces the reliability of Grupo Aval's dividend payments, making it a potentially stable holding.
Key Players & Entities
- Grupo Aval Acciones y Valores S.A. (company) — the registrant and issuer of the filing
- Jorge Adrián Rincón Plata (person) — Chief Legal Counsel who signed the filing
- February 1, 2024 (date) — date of the filing and dividend payment
- March 30, 2023 (date) — date of the General Shareholders Meeting that approved the dividend distribution
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 market that Grupo Aval Acciones y Valores S.A. has made the payment of dividends scheduled for February 2024, in accordance with the Proposed Distribution of Profits approved on March 30, 2023.
When was the dividend payment made, according to the filing?
The dividend payment was made on February 1, 2024, as stated in the 'Notice of Relevant Information dated February 1, 2024' section of the filing.
Who approved the Proposed Distribution of Profits that dictated this dividend payment?
The Proposed Distribution of Profits, which guided 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.?
The 6-K report was signed by Jorge Adrián Rincón Plata, in his capacity as Chief Legal Counsel for Grupo Aval Acciones y Valores S.A., on February 1, 2024.
Under which SEC Act is Grupo Aval Acciones y Valores S.A. filing this report?
Grupo Aval Acciones y Valores S.A. is filing this report pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934, as indicated on the cover page of the Form 6-K.
Filing Stats: 213 words · 1 min read · ~1 pages · Grade level 9.6 · Accepted 2024-02-01 16:25:47
Filing Documents
- dp206141_6k.htm (6-K) — 13KB
- image_002.jpg (GRAPHIC) — 3KB
- image_001.jpg (GRAPHIC) — 5KB
- 0000950103-24-001608.txt ( ) — 25KB
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 February 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 February 1, 2024 Item 1 RELEVANT INFORMATION Bogotá, February 01, 2024. Grupo Aval Acciones y Valores S.A. informs that the payment of dividends scheduled for February 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: February 1, 2024 GRUPO AVAL ACCIONES Y VALORES S.A. By: /s/ Jorge Adrián Rincón Plata Name: Jorge Adrián Rincón Plata Title: Chief Legal Counsel