Banco Latinoamericano de Comerci Extr SA(NYSE:BLX) Declares Dividend of $0.3850.

Banco Latinoamericano de Comerci Extr SA (NYSE:BLX) had declared a cash dividend of $0.3850 on Apr 13, 2016. The shares will quote ex-dividend on Apr 21, 2016 and the record date has been fixed on Apr 25, 2016. At Apr 13, 2016 share price, the yield comes out to be 6.5504%. The dividend payable date has been fixed on May 11, 2016.

Banco Latinoamericano de Comerci Extr SA (BLX) shares turned negative on Fridays trading session with the shares closing down -0.4 points or -1.56% at a volume of 1,45,100. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $25.7899. The peak price level was also seen at $25.7899 while the days lowest was $25.03. Finally the shares closed at $25.18. The 52-week high of the shares is $33.88 while the 52-week low is $19.63. According to the latest information available, the market cap of the company is $981 M.

Banco Latinoamericano de Comerci Extr SA(BLX) last announced its earnings results on Feb 18, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $43.60M. Analysts had an estimated revenue of $48.00M. Earnings per share were $0.60. Analysts had estimated an EPS of $0.76.

Banco Latinoamericano de Comercio Exterior S.A. (Bladex Head Office) is a specialized supranational bank. The Company operates in two segments: Commercial and Treasury. The Commercial segment portfolio includes book value of loans selected deposits placed acceptances and contingencies. The Treasury segment incorporates deposits in banks and all of the Bank’s trading assets securities available-for-sale and held-to-maturity and the balance of the investment funds. Bladex Head Office’s subsidiaries include Bladex Holdings Inc. Bladex Representacao Ltda. Bladex Investimentos Ltda. Bladex Development Corp. and BLX Soluciones S.A. de C.V. Its lending portfolio is summarized in the segments which include corporations sovereign middle-market companies and banking and financial institutions. The composition of the loan portfolio by industry include banking and financial institutions; industrial; oil and petroleum derived products; agricultural; services; mining and sovereign.

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