BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FIRST QUARTER 2023

Rhea-AI Summary

Banco Latinoamericano de Comercio Exterior, S.A. (BLX) announced a quarterly cash dividend of US$0.25 per share for Q1 2023, payable on May 17, 2023, to stockholders on record as of May 4, 2023.

As of March 31, 2023, BLX had 36,447,192 shares outstanding. Founded in 1979, Bladex promotes foreign trade in Latin America and the Caribbean, with operations in multiple countries.

Positive

• Quarterly cash dividend of US$0.25 per share enhances shareholder income.
• Stable share count with 36,447,192 shares outstanding indicates steady capital structure.

Negative

• None.

PANAMA CITY, Republic of Panama, April 18, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of US$0.25 per share corresponding to the first quarter of 2023.

The cash dividend is payable May 17, 2023 to the Bank's stockholders as of May 4, 2023 record date.

As of March 31, 2023, Bladex had 36,447,192.73 shares outstanding of all classes.

Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration in the Region.  The Bank, headquartered in Panama, also has offices in Argentina, Brazil, Colombia, Mexico, the United States of America, and a Representative License in Peru, supporting the regional expansion and servicing of its customer base, which includes financial institutions and corporations.

Bladex is listed on the NYSE in the United States of America (NYSE: BLX), since 1992, and its shareholders include: central banks and state-owned banks and entities representing 23 Latin American countries, commercial banks and financial institutions, and institutional and retail investors through its public listing.  

For further information on Bladex, please access its website at www.bladex.com or contact:

Carlos Daniel Raad – Chief Investor Relations Officer
E-mail address:  craad@bladex.com / ir@bladex.com.  Tel.: (+507) 366-4925 ext. 7925
Head Office Address: Torre V, Business Park, Ave. La Rotonda, Urb. Costa del Este,
Panama, Republic of Panama

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SOURCE Banco Latinoamericano de Comercio Exterior, S.A. (Bladex)

FAQ

What is the dividend amount announced by Bladex for Q1 2023?

Bladex announced a dividend of US$0.25 per share for Q1 2023.

When is the dividend payment date for Bladex's Q1 2023 dividend?

The dividend payment date is May 17, 2023.

What is the record date for the Bladex dividend?

The record date for the dividend is May 4, 2023.

How many shares outstanding does Bladex have as of March 31, 2023?

As of March 31, 2023, Bladex has 36,447,192 shares outstanding.

What is Bladex's role in the Latin American economy?

Bladex promotes foreign trade and economic integration in Latin America and the Caribbean.