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Bladex Declares Q1 Dividend

By Eric Volkman - Apr 17, 2013 at 7:55PM

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The Latin American lender keeps its payout steady.

Banco Latinoamericano de Comercio Exterior (BLX 0.48%), better and more conveniently known as Bladex, is maintaining its dividend policy. The lender has declared a payout of $0.30 per share of its stock for its Q1, to be paid on May 7 to shareholders of record as of April 29. This amount matches the company's previous disbursement, which has been paid in both of the preceding two quarters. Before that, Bladex dispensed $0.25 per share.

Since mid-2009, the company's quarterly payout has risen steadily, from $0.15 to the current level.

The dividend annualizes to $1.20 per share. That amount yields 5.3% at Bladex's most recent closing stock price of $22.71.

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Banco Latinoamericano de Comercio Exterior Stock Quote
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