Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) to Issue Dividend Increase – $0.13 Per Share

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) announced a monthly dividend on Friday, October 4th, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.1276 per share on Friday, November 1st. This represents a $1.53 annualized dividend and a yield of 5.92%. The ex-dividend date is Tuesday, October 15th. This is a boost from Popular Capital Trust II PFD GTD 6.125%’s previous monthly dividend of $0.13.

Popular Capital Trust II PFD GTD 6.125% has decreased its dividend by an average of 56.3% per year over the last three years.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

Shares of NASDAQ BPOPM traded up $0.19 during trading hours on Friday, reaching $25.85. 1,201 shares of the stock traded hands, compared to its average volume of 2,354. The company’s 50-day simple moving average is $25.64 and its two-hundred day simple moving average is $25.44. Popular Capital Trust II PFD GTD 6.125% has a 52-week low of $24.50 and a 52-week high of $26.25.

Popular Capital Trust II PFD GTD 6.125% Company Profile

Popular, Inc, through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit.