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Tecnoglass, Inc. (NASDAQ: TGLS) (BVC:TGLSC), Colombia’s largest manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, has reported that financial results for the second quarter ended June...

Barranquilla based Tecnoglass (NASDAQ:TGLS) (BVC:TGLSC), Colombia’s leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, last week reported financial results for the fourth...

The partnership creates a shared distribution network in the Americas and will allow Tecnoglass to manufacture and sell Schüco-branded products.

The payment will be made to all Tecnogloass shareholders of record at the close of business on October 26.

The dividend will be paid to all shareholders as the close of business on June 29.

The remaining $29 million USD payment was made last week with $6 million USD in cash, $13 million USD in stock, and a $10 million USD note.

The revenue of $314.5 million USD in 2017 was a record high for the Barranquilla-based window-maker.

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

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.