Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Plans $0.13 Monthly Dividend

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

Popular Capital Trust II PFD GTD 6.125% Stock Performance

Shares of Popular Capital Trust II PFD GTD 6.125% stock traded down $0.00 during trading hours on Friday, reaching $25.09. The stock had a trading volume of 2,207 shares, compared to its average volume of 4,104. The firm has a 50 day simple moving average of $25.29 and a two-hundred day simple moving average of $25.29. Popular Capital Trust II PFD GTD 6.125% has a 1 year low of $24.54 and a 1 year high of $25.65.

About Popular Capital Trust II PFD GTD 6.125%

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.