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The dividend is up slightly from the $0.125 USD-per-share dividend the Barranquilla company paid in the first quarter of 2017.

The Banmédica deal also includes Colombian companies Aliansalud, Colmédica, Clinica del Country, Clinica La Colina, and Portoazul.

Fitch says the rating reflects the firm's good market position in windows, low cost base, and long-term expected growth rate.

"We want Barranquilla to be known in the future as the capital of windows in the world," said Christian Daes.

Barranquilla-based window and glassmaker Tecnoglass, Inc. (NASDAQ: TGLS) will issue its third quarter dividend of $0.14 USD per share on October 27. The payout, an increase from the $0.125 per share it had paid out in previous quarters, will be made to all shareholders of record...

"This has been a very nice success story of a family-based company that has grown into a large corporate," says Santiago Giraldo, the new CFO of Tecnoglass.

Santiago Giraldo will replace Joaquin Fernandez, who will move to a new financial role related to the company's operating subsidiaries.

"Latin American economies remain vulnerable to a sharp deceleration in the Chinese economy and its knock-on effects in commodity prices," said Rui J. Pereira of Fitch Ratings.

The perception of security in Colombia is better than the three other largest countries in Latin America: Mexico, Brazil, and Argentina.

To add some clarity to the headline-making dispute, Finance Colombia Executive Editor Loren Moss recently sat down to talk with Colombian mining expert Paul Harris. In addition to being the organizer of the Colombia Gold Symposium, editor of the Colombia Gold Blog, and publisher...