Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Latinoamericano (BLX) have what it takes?
Bladex reported strong 2Q24 results with continued growth in book size, income, and fees. The bank's efficiency ratio is below 25%, making it one of the most efficient globally. Main risk is a global recession affecting Latin American trade patterns, but the stock remains attractive with a Buy rating.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Latinoamericano (BLX) have what it takes?