PANAMA CITY, Dec. 9, 2014 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE: BLX), announced today a quarterly cash dividend of US$0.385 per share corresponding to the fourth quarter 2014.
At its meeting held on December 8, 2014, the Board of Directors ratified its commitment to continuing its established dividend approach that reflects the development and growth of the Bank's core business. Consequently, the Board of Directors declared a quarterly dividend of $0.385 per share, corresponding to the fourth quarter 2014. This represents an increase of $0.035 or 10%, compared to the previous quarterly dividend.
The dividend will be payable on January 13, 2015, to the Bank's stockholders as of the January 5, 2015 record date.
As of November 30, 2014, Bladex had 38,781,391.28 shares outstanding of all classes.
Bladex is a supranational bank established by the central banks of Latin-American and Caribbean countries, to promote foreign trade finance and economic integration in the Region. Bladex is listed on the NYSE-Euronext in the United States (ticker symbol: BLX).
Bladex's shareholders include central banks, state-owned entities and commercial banks from 23 Latin America countries, as well as international banks and institutional and retail investors through its public listing.
The Bank, headquartered in Panama, has offices in Argentina, Brazil, Colombia, Mexico, Peru, and the United States of America, to support the expansion and servicing of its client base, which includes financial institutions and corporations.
For further information, please access Bladex's website on the Internet at www.bladex.com or contact:
Bladex, Head Office, Torre V, Business Park, Avenida La Rotonda, Urb. Costa del Este, Panama, Republic of Panama Mr. Christopher Schech, Chief Financial Officer Tel.: (507) 210-8630, E-mail: email@example.com
SOURCE Banco Latinoamericano de Comercio Exterior, S.A. (Bladex)