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Popular, Inc. Declares a Cash Dividend of $0.62 per Common Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
dividends
Rhea-AI Summary
Popular, Inc. (NASDAQ: BPOP) declared a quarterly cash dividend of $0.62 per share on its outstanding common stock. The dividend will be payable on July 1, 2024 to shareholders of record at the close of business on May 30, 2024.
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SAN JUAN, Puerto Rico--(BUSINESS WIRE)--
Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.62 per share on its outstanding common stock. The dividend will be payable on July 1, 2024 to shareholders of record at the close of business on May 30, 2024.
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.
Investor Relations:
Paul J. Cardillo, 212-417-6721
Senior Vice President and 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 dividend did Popular, Inc. declare per common share?
Popular, Inc. declared a cash dividend of $0.62 per common share.
When will the dividend be payable to shareholders?
The dividend will be payable on July 1, 2024.
When is the record date for shareholders to receive the dividend?
Shareholders of record at the close of business on May 30, 2024 will receive the dividend.
