BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2024

Rhea-AI Summary

Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) has announced a quarterly cash dividend of US$0.50 per share for the second quarter of 2024. The dividend will be payable on August 20, 2024, to stockholders of record as of August 5, 2024. As of June 30, 2024, Bladex had 36,786,976.36 outstanding shares across all classes.

Bladex, founded by central banks of Latin American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration in the region. The multinational bank is headquartered in Panama and has offices in several countries. It is listed on the NYSE under the ticker BLX since 1992, with shareholders including central banks, state-owned entities, commercial banks, and public investors.

Positive

• Consistent quarterly dividend payment of US$0.50 per share
• Stable shareholder base including central banks and state-owned entities from 23 Latin American countries

Negative

• None.

News Market Reaction

-4.32%

1 alert

-4.32% News Effect

On the day this news was published, BLX declined 4.32%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

PANAMA CITY, July 23, 2024 /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$0.50 per share corresponding to the second quarter of 2024.

The cash dividend is payable August 20, 2024 to the Bank's stockholders as of August 5, 2024 record date.

As of June 30, 2024, Bladex had 36,786,976.36 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 (BLX) for Q2 2024?

Bladex (BLX) announced a quarterly cash dividend of US$0.50 per share for the second quarter of 2024.

When is the payment date for Bladex's (BLX) Q2 2024 dividend?

The payment date for Bladex's (BLX) Q2 2024 dividend is August 20, 2024.

What is the record date for Bladex's (BLX) latest dividend announcement?

The record date for Bladex's (BLX) latest dividend announcement is August 5, 2024.

How many outstanding shares does Bladex (BLX) have as of June 30, 2024?

As of June 30, 2024, Bladex (BLX) had 36,786,976.36 shares outstanding of all classes.