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Popular, Inc. Declares a Cash Dividend of $0.40 per Common Share

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dividends
Rhea-AI Summary

Popular, Inc. (NASDAQ: BPOP) has declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend distribution is scheduled for January 4, 2021, with an ex-dividend date of December 11, 2020. As a prominent financial institution in Puerto Rico, Popular, Inc. offers various banking services through its subsidiaries across Puerto Rico and the mainland U.S., enhancing its standing among the top 50 U.S. bank holding companies by assets.

Positive
  • Quarterly cash dividend of $0.40 per share approved.
  • Strong financial institution ranking among the top 50 U.S. bank holding companies.
Negative
  • None.

SAN JUAN, Puerto Rico--()--Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.40 per share on its outstanding common stock. The dividend will be payable on January 4, 2021 to shareholders of record at the close of business on December 11, 2020.

About Popular, Inc.

Popular, Inc. (NASDAQ: BPOP) is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holding companies by assets. Founded in 1893, Banco Popular de Puerto Rico, Popular’s principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands. Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. In the mainland United States, Popular provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches located in New York, New Jersey and Florida.

P-EN-PR

Contacts

Popular, Inc.
Investor Relations:
Paul J. Cardillo, 212-417-6721
Investor Relations Officer
pcardillo@popular.com
or
Media Relations:
Teruca Rullán, 787-281-5170 or 917-679-3596 (mobile)
Senior Vice President, Corporate Communications

FAQ

What is the dividend amount for BPOP?

The dividend amount for Popular, Inc. (NASDAQ: BPOP) is $0.40 per share.

When is the dividend payment date for BPOP?

The dividend payment date for BPOP is January 4, 2021.

What is the record date for BPOP's dividend?

The record date for BPOP's dividend is December 11, 2020.

How often does BPOP pay dividends?

BPOP pays dividends quarterly.

Popular Inc

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7.30B
69.83M
1.77%
90.21%
1.62%
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