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

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.1276 per share on Monday, February 3rd. This represents a $1.53 annualized dividend and a yield of 5.91%. The ex-dividend date of this dividend is Wednesday, January 15th. This is a boost from Popular Capital Trust II PFD GTD 6.125%’s previous monthly dividend of $0.04.

Popular Capital Trust II PFD GTD 6.125% has increased its dividend by an average of 33.9% annually over the last three years.

Popular Capital Trust II PFD GTD 6.125% Stock Up 0.7 %

Shares of NASDAQ:BPOPM traded up $0.17 during trading on Monday, hitting $25.89. 1,897 shares of the company were exchanged, compared to its average volume of 4,783. Popular Capital Trust II PFD GTD 6.125% has a 1-year low of $24.89 and a 1-year high of $26.25. The business’s 50 day moving average is $25.52 and its 200-day moving average is $25.56.

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.