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Tecnoglass to Pay First Quarter Dividend of $0.14 USD per Share on April 30

Posted On March 8, 2018
By : Jared Wade
Comment: Off
Tag: aluminum, barranquilla, bolsa de valores de colombia, bvc, bvc:TGLSC, christian daes, christian daes abuchaibe, Citibank Colombia, colombia, colombia stock exchange, columbia stock exchange, Dividend, E.S. Windows, energia solar, fitch ratings, Giovanni Monti and Partners Consulting and Glazing Contractors, glass, Glazing, gmp, Joaquin Fernandez, jose daes, josé m. daes, jose manuel daes, llc, long-term foreign currency issuer default rating, long-term local currency issuer default rating, miami, nasdaq, nasdaq:tgls, nyse:tgls, ocensa, plate glass, Quarterly Dividend, Santiago Giraldo, technoglass, tecnoglass, tgls, tglsc, yuyo daes

Barranquilla-based window Tecnoglass, Inc. (NASDAQ: TGLS) will pay out a first quarter dividend of $0.14 USD per share on April 30.

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

All Tecnoglass shareholders of record on the close of business on March 29 will received the dividend, which can be paid in either cash or ordinary shares.

READ MORE: Tecnoglass Is Striving for Further Expansion into the United States

The election period for shareholders to decide the payment method will be open from April 2-18.

Dividends paid in shares will use the average of the closing price on the NASDAQ exchange from April 5-18. The default payment, if a shareholder fails to elect a method, will be ordinary shares.

Photo: A Tecnoglass employee working within the company’s factory in Barranquilla, Colombia (Photo credit: Liliana Padierna)

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About the Author
Jared Wade is an editor at Finance Colombia. He is a Bogotá-based journalist with 20+ years of experience covering topics including business, financial services, Latin America, and sports. You can contact him at jared.wade(at) financecolombia.com.
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