Business & Finance
Business and Finance
Business and Finance
Wed, January 18, 2012
Tue, January 17, 2012 Bladex Announces Quarterly Dividend Payment for Fourth Quarter 2011
Bladex Announces Quarterly Dividend Payment for Fourth Quarter 2011 -- PANAMA CITY, Jan. 17, 2012 /PRNewswire/ --
Bladex Announces Quarterly Dividend Payment for Fourth Quarter 2011
PANAMA CITY, Jan. 17, 2012 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE: [ BLX ]), announced today a quarterly cash dividend of US$0.25 per share corresponding to the fourth quarter 2011.
During the Board of Director's meeting January 17, 2012, the Bank's Board reaffirmed its commitment to a dividend approach that reflects Bladex's growing core business. Consequently, the quarterly common dividend increased from $0.20 to $0.25 per share.
The cash dividend is payable February 9, 2012 to the Bank's stockholders as of the January 31, 2012 record date.
As of December 31, 2011, Bladex had 37,131,942.09common 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 Bladex's 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: [ cschech@bladex.com ]
-or-
i-advize Corporate Communications, Inc., 20 Broad Street, 25th Floor,
New York, NY 10005
Attention: Ms. Melanie Carpenter or Mr. Peter Majeski
Tel.: (212) 406-3694, E-mail: [ bladex@i-advize.com ]
SOURCE Banco Latinoamericano de Comercio Exterior, S.A.
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