U.S. Markets closed

A Look At Banco Latinoamericano de Comercio Exterior SA’s (NYSE:BLX) Exceptional Fundamentals

Andrew Carroll

Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of BLX, it is a highly-regarded dividend payer that has been a rockstar for income investors, currently trading at an attractive share price. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my high-level commentary, read the full report on Banco Latinoamericano de Comercio Exterior here.

Established dividend payer and good value

BLX is currently trading at a price-to-equity ratio of 11.5x relative to the industry ratio of 15.04x and market ratio of 19.79x, making it a relatively cheap stock compared to its peers.

NYSE:BLX PE PEG Gauge August 31st 18

For those seeking income streams from their portfolio, BLX is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 7.3%, making it one of the best dividend companies in the market.

NYSE:BLX Historical Dividend Yield August 31st 18

Next Steps:

For Banco Latinoamericano de Comercio Exterior, I’ve put together three important factors you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for BLX’s future growth? Take a look at our free research report of analyst consensus for BLX’s outlook.
  2. Historical Performance: What has BLX’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of BLX? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.