Popular Capital Trust II PFD GTD 6.125% (BPOPM) to Issue Monthly Dividend of $0.13 on April 1st

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) declared a monthly dividend on Thursday, March 5th. Shareholders of record on Sunday, March 15th will be given a dividend of 0.1276 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Friday, March 13th.

Popular Capital Trust II PFD GTD 6.125% Trading Up 0.1%

Shares of Popular Capital Trust II PFD GTD 6.125% stock opened at $25.29 on Friday. The business’s 50 day moving average price is $25.35 and its 200 day moving average price is $25.22. Popular Capital Trust II PFD GTD 6.125% has a one year low of $24.53 and a one year high of $25.98.

Popular Capital Trust II PFD GTD 6.125% Company Profile

Popular Capital Trust II Pfd Gtd 6.125% (NASDAQ: BPOPM) is a Delaware statutory trust formed by Popular, Inc to issue cumulative preferred securities. The trust’s sole assets consist of junior subordinated debentures issued by Popular, Inc, which serve as collateral for the preferred securities. Investors in BPOPM receive a fixed annual distribution rate of 6.125% through the initial fixed‐rate period.

These trust preferred securities are guaranteed on a subordinated basis by Popular, Inc, a financial holding company headquartered in San Juan, Puerto Rico.