Banco Latinoamericano De Exportaciones Stock To Go Ex-dividend Tomorrow (BLX)

NEW YORK ( TheStreet) -- The ex-dividend date for Banco Latinoamericano de Exportaciones (NYSE: BLX) is tomorrow, April 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $21.40 as of 9:30 a.m. ET, the dividend yield is 4.7%.

The average volume for Banco Latinoamericano de Exportaciones has been 186,900 shares per day over the past 30 days. Banco Latinoamericano de Exportaciones has a market cap of $787.9 million and is part of the financial sector and banking industry. Shares are up 32.1% year to date as of the close of trading on Tuesday.

Banco Latinoamericano de Comercio Exterior, S.A., together with its subsidiaries, provides trade financing to commercial banks, middle-market companies, and corporations primarily in Latin America. The company operates through three divisions: Commercial, Treasury, and Asset Management. The company has a P/E ratio of 7.9, below the average banking industry P/E ratio of 9.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Banco Latinoamericano de Exportaciones as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full Banco Latinoamericano de Exportaciones Ratings Report.

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