Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) will pay out a quarterly cash dividend of $0.385 USD per share for the second quarter of 2017, the Panama City-based bank announced today.
The payout, which was formally approved at the company’s board of directors meeting yesterday, will be made on August 17 to all stockholders as of August 2. The sum is the same amount as the $0.385 USD per share first quarter dividend issued by Bladex on May 18.
Bladex, which is listed on the New York Stock Exchange (NYSE) as BLX, is a multinational bank that was originally established in 1979 by the central banks of Latin American and Caribbean countries, including Colombia, to encourage economic integration and promote foreign trade finance throughout the region.
The bank counts central banks, state-owned banks, and entities representing 23 regional countries among its stakeholders. In addition to Panama and Colombia, Bladex has offices in the United States, Brazil, Mexico, Argentina, and Peru.
Image credit: Bladex