MercadoLibre adopts policy of fixed dividends

17 Mar 2017

MercadoLibre (Nasdaq: MELI), the Latin American e-commerce and classifieds site operating in 19 countries, announced on Friday its board of directors had approved a new dividend policy, which is intended to return value to investors. According to MercadoLibre, the new dividend policy will provide investors a fixed, quarterly dividend payment in 2017 of $0.15 U.S. per share, or $0.60 U.S. per share annually. It said the new dividend policy will…

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Léo Siqueira

Léo Siqueira joined the AIM Group in 2014 as writer and analyst for Latin America. He is a multimedia journalist based in, but not limited to Campinas, Sao Paulo. Siqueira has been writing, reporting, and consulting for different news outlets and corporations in Brazil and in the US. Siqueira has worked for almost three years as a correspondent in Brazil with ICIS, the world’s largest information provider for the global petrochemical industry, and has been working with other global publishers, such as USA TODAY and Motorsport.com. His expertise includes general news coverage, online, print and multimedia journalism, and corporate communications as well. In this particular area, he has been working with international clients.