Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Declares Quarterly Dividend of $0.63

Posted by Teresa Graham on Mar 8th, 2025

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX – Get Free Report) announced a quarterly dividend on Thursday, February 27th, RTT News reports. Shareholders of record on Monday, March 10th will be paid a dividend of 0.625 per share by the bank on Tuesday, March 25th. This represents a $2.50 dividend on an annualized basis and a yield of 6.31%. The ex-dividend date of this dividend is Monday, March 10th. This is a 25.0% increase from Banco Latinoamericano de Comercio Exterior, S. A.’s previous quarterly dividend of $0.50.

Banco Latinoamericano de Comercio Exterior, S. A. has increased its dividend payment by an average of 26.0% per year over the last three years. Banco Latinoamericano de Comercio Exterior, S. A. has a dividend payout ratio of 41.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Banco Latinoamericano de Comercio Exterior, S. A. to earn $5.10 per share next year, which means the company should continue to be able to cover its $2.50 annual dividend with an expected future payout ratio of 49.0%.

Banco Latinoamericano de Comercio Exterior, S. A. Price Performance

Shares of BLX opened at $39.63 on Friday. The firm has a market cap of $1.45 billion, a PE ratio of 7.24 and a beta of 1.13. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 2.73. The firm has a fifty day simple moving average of $38.00 and a two-hundred day simple moving average of $34.78. Banco Latinoamericano de Comercio Exterior, S. A. has a 1-year low of $27.37 and a 1-year high of $42.88.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX – Get Free Report) last announced its earnings results on Thursday, February 27th. The bank reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.33. The business had revenue of $78.40 million during the quarter, compared to analyst estimates of $54.84 million. Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 24.29% and a return on equity of 16.01%. On average, equities analysts anticipate that Banco Latinoamericano de Comercio Exterior, S. A. will post 4.6 EPS for the current year.

Banco Latinoamericano de Comercio Exterior, S. A. Company Profile

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Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.