On August 15, 2023, Banco Latinoamericano BLX will distribute a dividend payout of $0.25 per share, equating to an annualized dividend yield of 4.47%. Shareholders who owned the stock before the ex-dividend date on July 28, 2023 will receive this payout.
Banco Latinoamericano Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-28 | 4 | $0.25 | 4.47% | 2023-07-20 | 2023-07-31 | 2023-08-15 |
| 2023-05-03 | 4 | $0.25 | 5.4% | 2023-04-18 | 2023-05-04 | 2023-05-17 |
| 2023-03-09 | 4 | $0.25 | 6.0% | 2023-02-27 | 2023-03-10 | 2023-03-28 |
| 2022-11-10 | 4 | $0.25 | 6.37% | 2022-11-01 | 2022-11-14 | 2022-11-30 |
| 2022-08-12 | 4 | $0.25 | 7.15% | 2022-08-03 | 2022-08-15 | 2022-08-30 |
| 2022-05-13 | 4 | $0.25 | 6.68% | 2022-05-04 | 2022-05-16 | 2022-06-01 |
| 2022-03-04 | 4 | $0.25 | 6.39% | 2022-02-22 | 2022-03-07 | 2022-03-22 |
| 2021-11-08 | 4 | $0.25 | 5.39% | 2021-10-29 | 2021-11-09 | 2021-11-23 |
| 2021-08-06 | 4 | $0.25 | 6.23% | 2021-07-28 | 2021-08-09 | 2021-08-24 |
| 2021-05-14 | 4 | $0.25 | 6.71% | 2021-05-05 | 2021-05-17 | 2021-06-02 |
| 2021-02-22 | 4 | $0.25 | 6.39% | 2021-02-12 | 2021-02-23 | 2021-03-10 |
| 2020-11-06 | 4 | $0.25 | 7.41% | 2020-10-27 | 2020-11-09 | 2020-11-25 |
Analyzing Banco Latinoamericano Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2019 to 2022, investors saw an average decrease in the company's dividend per share, decreasing from $1.54 in 2019 to $1.00 in 2022. This is not favorable for investors as it indicates a decline in the company's dividend payout over the years. Further analysis is recommended to understand the factors contributing to this decrease.
YoY Earnings Growth For Banco Latinoamericano
From 2019 to 2022, Banco Latinoamericano experienced a growth in earnings per share, with an increase from $2.14 to $2.22. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
In this article, we delve into Banco Latinoamericano's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.25 per share today, resulting in an annualized dividend yield of 4.47%.
The decrease in dividend per share from 2019 to 2022 along with an increase in earnings per share for Banco Latinoamericano suggests a strategic shift towards retaining more earnings for reinvestment purposes rather than distributing them as dividends.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
[See current stock movements Banco Latinoamericano on Benzinga.](https://www.benzinga.com/quote/Banco Latinoamericano (NYSE: BLX))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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