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

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.1276 per share on Monday, February 3rd. This represents a $1.53 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date is Wednesday, January 15th. This is an increase 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 raised its dividend by an average of 33.9% per year over the last three years.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

BPOPM stock opened at $25.60 on Monday. The business has a 50 day moving average price of $25.51 and a 200 day moving average price of $25.57. Popular Capital Trust II PFD GTD 6.125% has a fifty-two week low of $24.89 and a fifty-two week high of $26.25.

About Popular Capital Trust II PFD GTD 6.125%

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.