Popular Capital Trust II PFD GTD 6.125% (BPOPM) to Distribute Monthly Dividend of $0.13 on August 3rd

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.1276 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, July 15th.

Popular Capital Trust II PFD GTD 6.125% Price Performance

BPOPM stock opened at $25.18 on Friday. Popular Capital Trust II PFD GTD 6.125% has a 12 month low of $24.54 and a 12 month high of $25.65. The firm has a 50-day moving average price of $25.28 and a 200-day moving average price of $25.31.

Popular Capital Trust II PFD GTD 6.125% Company Profile

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.