Bladex Announces Increased Quarterly Dividend Payment for Fourth Quarter 2010
PANAMA CITY, Jan. 24, 2011 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE: BLX), announced today a quarterly cash dividend of US$0.20 per share corresponding to the fourth quarter 2010.
During the Board of Director's meeting on January 19, 2011, the Bank's Board reaffirmed its commitment to a dividend policy that reflects Bladex's growing core business. In-line with this policy, the quarterly common dividend was increased from $0.17 to $0.20 per share.
The cash dividend is payable on February 11, 2011 to stockholders registered as of February 3, 2011.
As of December 31, 2010, Bladex had 36,710,540.09 common shares outstanding of all classes.
Bladex is a supranational bank originally established by the Central Banks of Latin America and Caribbean countries to promote trade finance in the Region. Based in Panama, its shareholders include central and state-owned entities in 23 countries of the Region, as well as Latin American and international commercial banks, and institutional and retail investors.
For further information, please access our website on the Internet at www.bladex.com or contact:
Bladex, Head Office, Calle 50 y Aquilino de la Guardia, Panama, Republic of Panama
Attention: Mr. Christopher Schech, Senior Vice President & Chief Financial Officer
Tel.: (507) 210-8630, E-mail: firstname.lastname@example.org
i-advize Corporate Communications, Inc., 82 Wall Street, Suite 805,
New York, NY 10005
Attention: Ms. Melanie Carpenter or Mr. Peter Majeski
Tel.: (212) 406-3690, E-mail: email@example.com
SOURCE Banco Latinoamericano de Comercio Exterior, S.A.