Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
August 03 2023 - 10:15AM
Business Wire
Popular, Inc. (NASDAQ: BPOP) announced today that it has
declared the following monthly cash dividend on its outstanding
shares of Non-Cumulative Monthly Income Preferred Stock:
• a monthly cash dividend of $0.132813 per
share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003
Series A, payable on August 31, 2023 to holders of record as of
August 15, 2023.
The Corporation also announced the following monthly
distribution on its outstanding Trust Preferred Securities:
• a monthly distribution of $0.127604 per
security of 6.125% Cumulative Monthly Income Trust Preferred
Securities issued by Popular Capital Trust II, payable on September
1, 2023 to holders of record as of August 15, 2023.
About Popular, Inc.
Popular, Inc. (NASDAQ: BPOP) is the leading financial
institution by both assets and deposits in Puerto Rico 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230803381009/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
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