Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX – Get Free Report) announced a quarterly dividend on Monday, October 26th. Stockholders 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 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Friday, November 6th.
Banco Latinoamericano de Comercio Exterior has raised its dividend by an average of 0.2% per year over the last three years and has increased its dividend every year for the last 2 years. Banco Latinoamericano de Comercio Exterior has a dividend payout ratio of 42.9% indicating that its dividend is sufficiently covered by earnings.
Banco Latinoamericano de Comercio Exterior Trading Down 1.2%
NYSE:BLX opened at $53.27 on Tuesday. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.49 and a current ratio of 1.49. Banco Latinoamericano de Comercio Exterior has a one year low of $38.41 and a one year high of $63.19. The business’s 50-day simple moving average is $54.71 and its 200 day simple moving average is $53.86. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 8.79 and a beta of 0.80.
Banco Latinoamericano de Comercio Exterior (NYSE:BLX – Get Free Report) last posted its quarterly earnings data on Monday, October 26th. The bank reported $1.48 earnings per share (EPS) for the quarter. Banco Latinoamericano de Comercio Exterior had a return on equity of 13.77% and a net margin of 27.77%. The company had revenue of $99.12 million for the quarter.
Banco Latinoamericano de Comercio Exterior Company Profile
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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