Popular, Inc. Declares a Cash Dividend of $0.55 Per Common Share

Rhea-AI Summary

Popular, Inc. (NASDAQ: BPOP) announced a quarterly cash dividend of $0.55 per share on outstanding common stock. This dividend will be payable on July 1, 2022, to shareholders recorded by the close of business on June 2, 2022.

As the leading financial institution in Puerto Rico, Popular provides various banking services, including retail, mortgage, and commercial banking. The company has a solid reputation, ranking among the top 50 U.S. bank holding companies by assets.

Positive

• Declared a quarterly cash dividend of $0.55 per share.
• Dividend payment reflects strong financial stability.

Negative

• None.

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on July 1, 2022 to shareholders of record at the close of business on June 2, 2022.

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.

Financial (English): P-EN-FIN

View source version on businesswire.com: https://www.businesswire.com/news/home/20220511006037/en/

Popular, Inc

Investor Relations:

Paul J. Cardillo, 212-417-6721

Investor Relations Officer

pcardillo@popular.com

or

Media Relations:

MC González Noguera, 917-804-5253

Executive Vice President and Chief Communications & Public Affairs Officer

mc.gonzalez@popular.com

Source: Popular, Inc.

FAQ

What is the dividend amount for Popular, Inc. in 2022?

The dividend amount for Popular, Inc. is $0.55 per share.

When will the dividend for BPOP be paid?

The dividend will be paid on July 1, 2022.

What is the record date for the dividend payment of BPOP?

The record date for the dividend payment is June 2, 2022.