By the end of today, September 18, 2023, Banco Latinoamericano BLX is set to deliver a dividend payout of $0.25 per share, equating to an annualized dividend yield of 4.47%. Shareholders who owned the stock prior to 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
From 2019 to 2022, the company experienced a reduction in its dividend per share, decreasing from $1.54 to $1.00. This decline in dividends may raise concerns among investors and warrants further analysis to understand the factors contributing to this negative trend.
YoY Earnings Growth For Banco Latinoamericano
The earnings chart illustrates an increase in Banco Latinoamericano's earnings per share, from $2.14 in 2019 to $2.22 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article delves into the recent dividend payout of Banco Latinoamericano and its implications for shareholders. Presently, the company is distributing a dividend of $0.25 per share, leading to 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.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
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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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