Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM – Get Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Monday, June 15th will be given a dividend of 0.1276 per share on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Monday, June 15th.
Popular Capital Trust II PFD GTD 6.125% Trading Down 0.0%
NASDAQ:BPOPM traded down $0.00 during midday trading on Friday, reaching $25.09. 2,207 shares of the company traded hands, compared to its average volume of 4,104. Popular Capital Trust II PFD GTD 6.125% has a twelve month low of $24.54 and a twelve month high of $25.65. The company has a fifty day moving average price of $25.29 and a 200 day moving average price of $25.29.
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.
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