Popular declares dividend on preferred stock, distribution on trust securities
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Popular, Inc. (NASDAQ: BPOP) declared a monthly cash dividend of $0.132813 per share on its 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A. The dividend is payable September 2, 2025 to shareholders of record as of August 15, 2025.
The Puerto Rico-based financial institution also announced a monthly distribution of $0.127604 per security on its 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II. The distribution follows the same payment and record dates as the preferred stock dividend.
Popular operates as the leading financial institution by assets and deposits in Puerto Rico and ranks among the top 50 U.S. bank holding companies by assets. The company provides retail, mortgage and commercial banking services in Puerto Rico, the U.S. and British Virgin Islands through its principal subsidiary, Banco Popular de Puerto Rico. Popular also operates Popular Bank, a New York-chartered banking subsidiary with branches in New York, New Jersey and Florida.
The information was disclosed in a company press release.
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