Banco Latinoamericano de Comercio Exterior, S.A. Announces Quarterly Dividend of $0.69 (NYSE:BLX)

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX) declared a quarterly dividend on Monday, July 27th. Stockholders of record on Friday, August 7th will be given a dividend of 0.6875 per share by the bank on Tuesday, August 25th. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, August 7th.

Banco Latinoamericano de Comercio Exterior has raised its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 2 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 Price Performance

Banco Latinoamericano de Comercio Exterior stock opened at $59.20 on Tuesday. Banco Latinoamericano de Comercio Exterior has a 52 week low of $38.41 and a 52 week high of $63.19. The business has a 50-day simple moving average of $58.37 and a 200 day simple moving average of $53.20. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 2.40. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 9.83 and a beta of 0.79.

Banco Latinoamericano de Comercio Exterior (NYSE:BLX) last issued its quarterly earnings data on Tuesday, July 28th. The bank reported $1.77 EPS for the quarter. The company had revenue of $98.90 million during the quarter. Banco Latinoamericano de Comercio Exterior had a return on equity of 14.36% and a net margin of 27.77%.

About Banco Latinoamericano de Comercio Exterior

Banco Latinoamericano de Comercio Exterior SA, commonly known as BLADEx and traded on the New York Stock Exchange under the symbol BLX, is a multilateral financial institution dedicated to promoting foreign trade and regional integration in Latin America and the Caribbean. Headquartered in Panama City, the bank provides specialized trade finance solutions to corporate clients and financial institutions, helping to facilitate cross-border transactions across key markets in the region. Its services encompass import and export financing, supply chain solutions, project and structured finance, as well as treasury and risk management products.

Established in 1977 by a consortium of 20 Latin American and Caribbean governments in partnership with the Inter-American Development Bank (IDB), BLADEx has a mandate to support economic development through trade facilitation.