Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX) Shareholders Set to Receive $0.69 Quarterly Dividend

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX – Get Free Report) declared a quarterly dividend on Monday, October 26th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.6875 per share by the bank on Tuesday, November 24th. This represents a $2.75 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Friday, November 6th.

Banco Latinoamericano de Comercio Exterior has raised its dividend payment by an average of 0.2% annually over the last three years and has increased its dividend annually for the last 2 consecutive years. Banco Latinoamericano de Comercio Exterior has a dividend payout ratio of 42.9% meaning its dividend is sufficiently covered by earnings.

Banco Latinoamericano de Comercio Exterior Trading Down 1.2%

BLX stock opened at $53.27 on Tuesday. The company’s 50-day simple moving average is $54.71 and its 200-day simple moving average is $53.86. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 2.36. Banco Latinoamericano de Comercio Exterior has a 52-week low of $38.41 and a 52-week high of $63.19. The firm has a market cap of $1.98 billion, a P/E ratio of 8.79 and a beta of 0.80.

Banco Latinoamericano de Comercio Exterior (NYSE:BLX – Get Free Report) last posted its earnings results on Monday, October 26th. The bank reported $1.48 EPS for the quarter. The firm had revenue of $99.12 million for the quarter. Banco Latinoamericano de Comercio Exterior had a return on equity of 13.77% and a net margin of 27.77%.

Banco Latinoamericano de Comercio Exterior Company Profile

(Get Free Report)

Banco Latinoamericano de Comercio Exterior, SA, commonly known as Bladex, is a multilateral bank that supports international trade and economic integration across Latin America and the Caribbean. Headquartered in Panama, the bank provides financing and related services to financial institutions, corporations and other eligible counterparties engaged in regional and international commerce.

Bladex offers trade finance, commercial lending, structured financing, letters of credit, guarantees and treasury-related services.

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Dividend History for Banco Latinoamericano de Comercio Exterior (NYSE:BLX)

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