Tecnoglass Declares Quarterly Dividend for Shareholders
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Tecnoglass Announces Dividend for Shareholders
Miami, FL – Tecnoglass, Inc. (NYSE: TGLS) has proudly declared a quarterly dividend of $0.11 per share. This announcement signifies a commitment to providing value to its shareholders, now totaling $0.44 on an annual basis. Shareholders of record as of September 30, 2024, will receive their dividends on October 31, 2024.
About Tecnoglass and Its Market Position
Tecnoglass Inc. is recognized as a premier manufacturer of high-end aluminum and vinyl windows, alongside architectural glass, catering to both residential and commercial sectors. As the second largest glass fabricator in the United States, the company also holds the leading position in architectural glass transformation in Latin America.
Manufacturing Excellence
The company operates a state-of-the-art manufacturing complex in Barranquilla, Colombia, covering an impressive 5.6 million square feet. This facility enables efficient service to almost 1,000 customers across North, Central, and South America, with the United States contributing 95% of total revenues.
Impressive Project Portfolio
Tecnoglass’ premium products adorn numerous iconic properties globally. Landmarks include the striking One Thousand Museum in Miami, Paramount in Miami, Salesforce Tower in San Francisco, and many others, showcasing the company's commitment to high-quality, tailor-made solutions that enhance architectural aesthetics.
Commitment to Growth and Shareholder Value
This dividend declaration reflects Tecnoglass' strong financial position and its dedication to rewarding shareholders. The company's strategic vision aims to leverage its market leadership while exploring opportunities for growth through both innovation and expansion within existing markets.
Engagement with Investors
For investors seeking further information, Tecnoglass encourages reaching out through their investor relations office. Interested parties can connect with Santiago Giraldo, CFO, at 305-503-9062 or via email at investorrelations@tecnoglass.com.
Frequently Asked Questions
What is Tecnoglass, Inc. known for?
Tecnoglass, Inc. is a leading producer of high-end aluminum and vinyl windows as well as architectural glass for both residential and commercial applications.
How much is the declared dividend per share?
The declared dividend is $0.11 per share, amounting to an annualized dividend of $0.44 per share.
When will shareholders receive the dividend payment?
Shareholders of record as of September 30, 2024, will receive their dividend payment on October 31, 2024.
Where is Tecnoglass' manufacturing facility located?
Tecnoglass operates a manufacturing facility in Barranquilla, Colombia, which spans 5.6 million square feet.
How does Tecnoglass contribute to architectural projects?
Tecnoglass provides tailored, high-end products that are used in various iconic architectural projects around the world, enhancing their beauty and functionality.
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