#Dividend #Panama City #Panama #Bladex

Bladex Declares Quarterly Dividend for Q4 2024

On February 27, 2025, Banco Latinoamericano de Comercio Exterior, S.A., commonly known as Bladex, revealed that its Board of Directors approved a quarterly cash dividend of $0.625 per share for the fourth quarter of 2024. This is a significant move indicating the bank's ongoing stability and commitment to returning value to its shareholders.

The cash dividend is scheduled for distribution on March 25, 2025, to shareholders recorded as of March 10, 2025. This step provides an opportunity for both institutional and retail investors to benefit from Bladex's positive financial trajectory.

As of the end of December 2024, Bladex had approximately 36.8 million shares outstanding across all classes, a detail that underscores the bank's robust market presence. Founded in 1979, Bladex has played a vital role in fostering foreign trade and economic integration among Latin American and Caribbean countries. With its headquarters situated in Panama, the bank operates not just in its home country but also has a strong foothold in various other nations, including offices in Argentina, Brazil, Colombia, Mexico, and the United States, as well as a representative presence in Peru.

Bladex is noteworthy for being listed on the New York Stock Exchange (NYSE) under the ticker symbol BLX since 1992. The bank's shareholders consist of various stakeholders, including central banks, state-owned banks, and other significant financial entities from 23 Latin American countries. The diversity in ownership highlights not only Bladex's regional significance but also its importance to global institutional investors.

Recent financial performance reports indicate that Bladex has seen a notable rise in net profits, which speaks volumes about its operational efficiency and market strategy. For instance, in Q4 2024, the bank reported a net profit of $51.5 million, translating to earnings of $1.40 per share, setting a record annual net profit of $205.9 million, or $5.60 per share. This growth trajectory positions Bladex as a reliable bank capable of generating substantial returns on investment for its shareholders, thereby bolstering confidence in its future endeavors.

The quarterly dividend reflects Bladex's commitment to its investors and its optimized revenue model. For investors contemplating engagement with Bladex, the upcoming dividend payment provides an attractive dividend yield, potentially appealing to income-focused investors seeking stability amid market fluctuations. Furthermore, the impending payment serves as a strategic reminder of the bank’s ongoing commitment to shareholder value, which is critical during times of economic uncertainty.

In conclusion, Bladex's announcement regarding its quarterly cash dividend for Q4 2024 not only signifies the bank's robust financial performance but also highlights its sustainable growth approach and dedication to investor interests. For further details about Bladex and its initiatives, interested parties can visit the bank's official website at www.bladex.com or reach out directly to their Chief Investor Relations Officer, Carlos Daniel Raad, via email or phone for comprehensive insights into their financial strategies and performance metrics.