Barranquilla based architectural glass & aluminum manufacturer Tecnoglass (NASDAQ: TGLS) serving the global residential and commercial end markets, yesterday announced that its board of directors has declared a quarterly cash dividend of $0.0275 USD per share, or $0.11 per share on an annualized basis, for the first quarter of 2021. The dividend will be paid on April 30, 2021 to shareholders of record as of the close of business on March 31, 2021.
Tecnoglass serves the multi-family, single-family and commercial construction markets, and is the second largest glass fabricator serving the U.S. and the largest architectural glass transformation company in Latin America. Located in Barranquilla, Colombia, the company’s 2.7 million square foot oceanside, vertically integrated manufacturing complex provides efficient access to over 1,000 global customers, with the US accounting for more than 90% of revenues. Tecnoglass’ tailored, high-end products are found on some of the world’s most distinctive properties, including the El Dorado Airport in Bogotá, Colombia, the United Nations Plaza in New York, the Icon Bay tower in Miami, and Salesforce Tower in San Francisco.