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

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) announced a monthly dividend on Wednesday, August 5th. Shareholders of record on Saturday, August 15th will be given a dividend of 0.1276 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Friday, August 14th.

Popular Capital Trust II PFD GTD 6.125% Stock Down 0.2%

BPOPM stock opened at $25.11 on Thursday. Popular Capital Trust II PFD GTD 6.125% has a 1 year low of $24.75 and a 1 year high of $25.65. The company has a fifty day simple moving average of $25.21 and a 200 day simple moving average of $25.28.

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.