Popular Capital Trust II PFD GTD 6.125% (BPOPM) To Go Ex-Dividend on January 15th

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.1276 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Thursday, January 15th.

Popular Capital Trust II PFD GTD 6.125% Stock Up 0.6%

NASDAQ:BPOPM traded up $0.16 during trading hours on Tuesday, hitting $25.66. The stock had a trading volume of 2,298 shares, compared to its average volume of 9,833. The business’s 50 day moving average is $25.25 and its 200-day moving average is $25.14. Popular Capital Trust II PFD GTD 6.125% has a one year low of $24.53 and a one year high of $26.09.

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.