Banco Latinoamericano de Comercio Exterior, S.A. (BLX) To Go Ex-Dividend on August 7th

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX) announced a quarterly dividend on Monday, July 27th. Investors of record on Friday, August 7th will be paid 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 is Friday, August 7th.

Banco Latinoamericano de Comercio Exterior has raised its dividend by an average of 0.2%per year 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% indicating that its dividend is sufficiently covered by earnings.

Banco Latinoamericano de Comercio Exterior Stock Performance

Shares of NYSE BLX opened at $60.06 on Wednesday. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.52 and a quick ratio of 1.52. 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 moving average price is $58.50 and its two-hundred day moving average price is $53.32. The company has a market capitalization of $2.24 billion, a P/E ratio of 9.91 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 earnings per share for the quarter. The firm had revenue of $98.90 million for the quarter. Banco Latinoamericano de Comercio Exterior had a net margin of 27.77% and a return on equity of 13.93%.

Banco Latinoamericano de Comercio Exterior Company Profile

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.