Source: PR Newswire
Original article available here.
MEXICO CITY, MEXICO, April 21 – Banco Compartamos, S.A. informs that at the Annual Ordinary Shareholders’ Meeting of Banco Compartamos, S.A. Institucion de Banca Multiple held on April 20, 2009, a dividend was approved for Ps. 278,449,102.92, or Ps. 0.67 per share. This amount per share may change if the bank modifies its position of shares repurchased before the payment date. The dividend will be paid in a single installment by June 30, 2009 through S.D. Indeval S.A. de C.V. (INDEVAL – Institucion para el Deposito de Valores) to stockholders registered with S.D. Indeval, S.A. de C.V.
This amount per share may change if the bank modifies its position of shares repurchased before the payment date. The dividend will be paid in a single installment by June 30, 2009 through S.D. Indeval S.A. de C.V. (INDEVAL – Institucion para el Deposito de Valores) to stockholders registered with S.D. Indeval, S.A. de C.V.
Banco Compartamos, S.A., a Mexican bank specialized in microfinance, is the largest lender to microbusiness owners in Latin America. Established in 1990 and headquartered in Mexico City , Compartamos provides small loans to low-income Mexican individuals and business owners, such as craft manufacturers, food vendors and other small businesses. With coverage in over 90% of Mexico, Compartamos works with local and international lenders to secure financing to these market segments, which are currently underserved.Banco Compartamos shares began trading on the Mexican Stock Exchange on April 25, 2007 under the ticker symbol “COMPART”.
Note on Forward-Looking Statements:
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words “anticipates,” “believes,” “estimates,” “expects,” “plans” and similar expressions, as they relate to the company, are intended to identify forward- looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
Similar Posts:
- MICROCAPITAL BRIEF: Ualá App Offers Saving Account Paying 9% Interest in Mexico
- MICROFINANCE PAPER WRAP-UP: “Child Labor, Rainfall Shocks and Financial Inclusion: Evidence from Rural Households,” by Carolina Bernal and Razvan Vlaicu, Published by IDB
- MICROCAPITAL BRIEF: Beneficial Returns Invests in Grupo Murlota to Expand Training, Incubation Capacity for Women Raising Chickens, Selling Organic Eggs in Rural Mexico
- MICROFINANCE PAPER WRAP-UP: “Predictors of Microfinance Sustainability: Empirical Evidence from Bangladesh,” by Maeenuddin et al
- MICROCAPITAL BRIEF: Diamond Trust Bank (DTB) to Offer Fintechs in Kenya Access to Mastercard Payment Cards
