Tecnoglass Announces Third Quarter 2021 Cash Dividend
Tecnoglass (NASDAQ: TGLS) has declared a quarterly cash dividend of $0.0275 per share, equating to $0.11 annually, for Q3 2021. The payment is scheduled for October 29, 2021, to shareholders recorded by September 30, 2021. Tecnoglass is a leading manufacturer of architectural glass and aluminum products, serving primarily the U.S. market, which composes over 90% of its revenue. The company's manufacturing complex in Barranquilla, Colombia, spans 2.7 million square feet, catering to over 1,000 customers globally.
- Declaration of a quarterly dividend of $0.0275 per share, enhancing shareholder returns.
- Strong market presence with over 90% of revenues generated from the U.S. market.
- None.
Barranquilla, Colombia, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NASDAQ: TGLS) ("Tecnoglass" or the "Company"), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today announced that its Board of Directors has declared a quarterly cash dividend of
About Tecnoglass
Tecnoglass Inc. is a leading producer of architectural glass, windows, and associated aluminum products serving the multi-family, single-family and commercial end markets. Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America. Located in Barranquilla, Colombia, the Company’s 2.7 million square foot, vertically-integrated and state-of-the-art manufacturing complex provides efficient access to over 1,000 global customers, with the U.S. accounting for more than
Forward Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth and future acquisitions. These statements are based on Tecnoglass’ current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of Tecnoglass’ business. These risks, uncertainties and contingencies are indicated from time to time in Tecnoglass’ filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Further, investors should keep in mind that Tecnoglass’ financial results in any particular period may not be indicative of future results. Tecnoglass is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events and changes in assumptions or otherwise, except as required by law.
Investor Relations:
Santiago Giraldo
Chief Financial Officer
305-503-9062
investorrelations@tecnoglass.com
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