Popular, Inc. Declares a Cash Dividend of $0.70 per Common Share

Rhea-AI Summary

Popular Inc (NASDAQ: BPOP) announced that its Board of Directors has approved a quarterly cash dividend of $0.70 per share on its outstanding common stock. The dividend will be payable on January 2, 2025 to shareholders of record at the close of business on December 6, 2024.

Positive

• Maintains quarterly dividend payment of $0.70 per share, demonstrating financial stability
• Continues commitment to shareholder returns through regular dividend distributions

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 $0.70 per share on its outstanding common stock. The dividend will be payable on January 2, 2025 to shareholders of record at the close of business on December 6, 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, 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/20241114945986/en/

Popular, Inc.

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 is Popular Inc's (BPOP) dividend amount for Q1 2025?

Popular Inc (BPOP) declared a quarterly cash dividend of $0.70 per share for Q1 2025.

When is Popular Inc's (BPOP) next dividend payment date?

Popular Inc's next dividend payment is scheduled for January 2, 2025.

What is the record date for Popular Inc's (BPOP) latest dividend?

The record date for Popular Inc's latest dividend is December 6, 2024.

How often does Popular Inc (BPOP) pay dividends?

Popular Inc pays dividends on a quarterly basis.