Popular, Inc. Declares a Cash Dividend of $0.16 Per Common Share
May 27 2008 - 10:24AM
PR Newswire (US)
SAN JUAN, Puerto Rico, May 27 /PRNewswire-FirstCall/ -- Popular,
Inc. announced today that at a meeting held on May 21, 2008 its
Board of Directors declared a cash dividend of $0.16 per common
share. The dividend is payable on July 1, 2008 to stockholders of
record as of June 13, 2008. Popular, Inc. is a full service
financial services provider based in Puerto Rico with operations in
Puerto Rico, the United States, the Caribbean and Latin America. As
the leading financial institution in Puerto Rico, with over 300
branches and offices, the Corporation offers retail and commercial
banking services through its principal banking subsidiary, Banco
Popular de Puerto Rico ("BPPR"), as well as auto and equipment
leasing and financing, mortgage loans, consumer lending, investment
banking, broker-dealer and insurance services through specialized
subsidiaries. In the United States, the Corporation operates Banco
Popular North America ("BPNA"), including its wholly-owned
subsidiary E-LOAN, and Popular Financial Holdings ("PFH"). BPNA is
a community bank providing a broad range of financial services and
products to the communities it serves. BPNA operates branches in
New York, California, Illinois, New Jersey, Florida and Texas.
E-LOAN offers online consumer direct lending and provides an online
platform to raise deposits for BPNA. PFH primarily continues to
carry a maturing loan portfolio and operates a mortgage loan
servicing unit. The Corporation, through its transaction processing
company, EVERTEC, continues to use its expertise in technology as a
competitive advantage in its expansion throughout the United
States, the Caribbean and Latin America, as well as internally
servicing many of its subsidiaries' system infrastructures and
transactional processing businesses. The Corporation is exporting
its 114 years of experience through these regions while continuing
its commitment to meeting the needs of retail and business clients
through innovation, and to fostering growth in the communities it
serves. For additional information contact: Jorge A. Junquera
Teruca Rullan Chief Financial Officer Senior Vice President Senior
Executive Vice President Corporate Communications 787-754-1685
1-917-679-3596 Or visit our web site at http://www.popular.com/
DATASOURCE: Popular, Inc. CONTACT: Jorge A. Junquera, Chief
Financial Officer, Senior Executive Vice President,
+1-787-754-1685, or Teruca Rullan, Senior Vice President Corporate
Communications, +1-917-679-3596, both of Popular, Inc. Web site:
http://www.popularinc.com/
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