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Tecnoglass Announces Second Quarter 2024 Dividend

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Tecnoglass (NYSE: TGLS) has announced a quarterly dividend of $0.11 per share for the second quarter of 2024, equating to an annualized dividend of $0.44 per share. This dividend will be paid on July 31, 2024, to shareholders recorded by the close of business on June 28, 2024.

Positive
  • Quarterly dividend of $0.11 per share.
  • Annualized dividend totals $0.44 per share.
  • Dividend payment date set for July 31, 2024.
  • Record date for shareholders is June 28, 2024.
Negative
  • No mention of revenue or earnings performance.
  • No information on potential financial challenges or risks.

Miami, FL, June 11, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced that its Board of Directors has declared a quarterly dividend of $0.11 per share, or $0.44 per share on an annualized basis, for the second quarter of 2024. The dividend will be paid on July 31, 2024 to shareholders of record as of the close of business on June 28, 2024.

About Tecnoglass
Tecnoglass Inc. is a leading producer of high-end aluminum and vinyl windows and architectural glass serving the multi-family, single-family, and commercial end markets. Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America. Located in Barranquilla, Colombia, the Company’s 5.6 million square foot, vertically integrated, and state-of-the-art manufacturing complex provide efficient access to nearly 1,000 customers in North, Central and South America, with the United States accounting for 96% of total revenues. Tecnoglass’ tailored, high-end products are found on some of the world’s most distinctive properties, including One Thousand Museum (Miami), Paramount (Miami), Salesforce Tower (San Francisco), Via 57 West (NY), Hub50House (Boston), Aeropuerto Internacional El Dorado (Bogotá), One Plaza (Medellín), Pabellon de Cristal (Barranquilla). For more information, please visit www.tecnoglass.com or view our corporate video at https://vimeo.com/134429998.

Forward Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth and future acquisitions. These statements are based on Tecnoglass’ current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of Tecnoglass’ business. These risks, uncertainties and contingencies are indicated from time to time in Tecnoglass’ filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Further, investors should keep in mind that Tecnoglass’ financial results in any particular period may not be indicative of future results. Tecnoglass is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events and changes in assumptions or otherwise, except as required by law.

Investor Relations:
Santiago Giraldo
CFO
305-503-9062
investorrelations@tecnoglass.com


FAQ

What is the quarterly dividend declared by Tecnoglass for Q2 2024?

Tecnoglass declared a quarterly dividend of $0.11 per share for the second quarter of 2024.

What is the annualized dividend for Tecnoglass in 2024?

The annualized dividend for Tecnoglass in 2024 is $0.44 per share.

When will Tecnoglass pay the Q2 2024 dividend?

Tecnoglass will pay the Q2 2024 dividend on July 31, 2024.

What is the record date for Tecnoglass’s Q2 2024 dividend?

The record date for Tecnoglass’s Q2 2024 dividend is June 28, 2024.

What is the stock symbol for Tecnoglass?

The stock symbol for Tecnoglass is TGLS.

Tecnoglass Inc.

NYSE:TGLS

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