Bladex Increases Dividend From $0.25 to $0.30 per Share
Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE: BLX) announced today a quarterly cash dividend of US$0.30 per share corresponding to the third quarter 2012.
At the Board of Director's meeting held October 16, 2012, the Bank's Board reaffirmed its commitment to a dividend approach that reflects Bladex's growing core business. Consequently, the quarterly common dividend increased from $0.25 to $0.30 per share.
The cash dividend is payable November 1, 2012 to the Bank's stockholders as of the October 26, 2012 record date.
As of September 30, 2012, Bladex had 38,141,365.09 common shares outstanding of all classes.
Bladex is a supranational bank originally established by the Central Banks of Latin America and Caribbean countries to promote trade finance in the Region. Based in Panama, its shareholders include central and state-owned entities in 23 countries of the Region, as well as Latin American and international commercial banks, and institutional and retail investors.
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