Banco Latinoamericano de Comercio Exterior SA (BLX) provides financial solutions to financial institutions, companies, and investors doing business in Latin America, supporting trade and regional integration across the region.

The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets.

It has two business segments:the Commercial Business Segment and the Treasury Business Segment.

 Banco Latinoamericano de Comercio Exterior, S. A. was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S. A. in June 2009.

The company was founded in 1975 and is headquartered in Panama City, the Republic of Panama.

Three key data points gauge BLX or any dividend paying firm; they are

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

BLX Price

Over the past year,  Banco Latinoamericano share price rose 46.73% from $22.32 to $32.75 as of Friday’s market close. In the past thirty-two years the company’s share price has never been less than $3.00 nor higher than $58.25

If BLX shares trade in the range of $20.00 to $44.00 this next year, the recent $32.75 share price might reach $35.30 in a year. Of course, BLX price could also drop about the same $2.57 estimated amount, or more.

My $2.57 upside estimate based on past 5 years of BLX average annual price action.

BLX Dividend

Banco Latinoamericano has paid variable quarterly dividends since April 2004.  The most recent $0.51 Q dividend was declared July 23, for shareholders of record August 5, and the dividend was paid August 20th.  A forward looking $2.00 annual dividend would yield 6.11% at Friday’s closing price.

BLX Returns

Putting it all together, a $4.57 estimated one year gross gain per share shows up by adding  Banco Latinoamericano’s $2.00 estimated annual dividend to the estimated price upside of $2.57, making that $4.57 gross gain per share total.

A little over $1000 buys us 31 shares at the $32.73 share price.

A $10 broker fee (if charged), paid half at purchase and half at sale, might take about $0.32 per share out of the $4.57 annual estimated gross-gain to give us a net gain of $4.25 X 31 shares = $131.75 for about a 13% estimated net gain for the year.

Furthermore, the $61.10 annual dividend income from $1K invested is nearly 2 times more than the $32.73 share price. By these numbers, BLX may be an ideal dividend dog at this time.

Thus, you might choose to pounce on BLX It is a 49 year-old quarterly variable dividend-paying Panama-based  commercial bank and brokerage with a 20 year record paying variable quarterly dividends.

The exact track of BLX’s future price and dividend will entirely be determined by market action.

Remember, the true value of any stock is best realized through personal ownership of shares.

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