Bladex Announces Quarterly Dividend Payment For Third Quarter 2020

Rhea-AI Summary

Banco Latinoamericano de Comercio Exterior (Bladex) has announced a quarterly cash dividend of US$0.25 per share for the third quarter of 2020. The dividend will be payable on November 25, 2020, to shareholders on record as of November 9, 2020. As of September 30, 2020, Bladex reported 39,671,940.23 shares outstanding. Established in 1979, Bladex promotes foreign trade in the Latin American and Caribbean regions and is listed on the NYSE under the ticker BLX.

Positive

• Quarterly dividend of US$0.25 per share enhances shareholder income.
• Demonstrates ongoing profitability and commitment to returning value to investors.

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• None.

PANAMA CITY, Oct. 27, 2020 /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 third quarter of 2020.

The cash dividend is payable November 25, 2020 to the Bank's stockholders as of November 9, 2020 record date.

As of September 30, 2020, Bladex had 39,671,940.23 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:

Monica Cosulich - SVP, Finance and Investor Relations
E-mail address:  ir@bladex.com. Tel.: (+507) 210-8563
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 declared by BLX for Q3 2020?

Bladex declared a dividend of US$0.25 per share for the third quarter of 2020.

When will the dividend for BLX be paid?

The dividend will be paid on November 25, 2020.

What is the record date for the BLX dividend?

The record date for the dividend is November 9, 2020.

How many shares were outstanding as of September 30, 2020?

As of September 30, 2020, Bladex had 39,671,940.23 shares outstanding.

What stock exchange is BLX listed on?

BLX is listed on the NYSE.