Tecnoglass Announces Q4 2020 Dividend
Tecnoglass, Inc. (NASDAQ: TGLS), the Barranquilla, Colombia based manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today 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 fourth quarter of 2020. The dividend will be paid on January 29, 2021 to shareholders of record as of the close of business on December 31, 2020.
Tecnoglass is a leading producer of architectural glass, windows, and associated aluminum products serving the multi-family, single-family and commercial end markets. Tecnoglass is the second largest glass fabricator serving the US. and the #1 architectural glass transformation company in Latin America. Located in Barranquilla, on Colombia’s Caribbean coast, the company’s 2.7 million square foot, vertically integrated and state-of-the-art manufacturing complex provides efficient access to over 1,000 global customers, with the U.S. 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 (Bogota), United Nations Plaza (New York), Icon Bay (Miami), and Salesforce Tower (San Francisco).