Popular Capital Trust II PFD GTD 6.125% (BPOPM) To Go Ex-Dividend on September 15th

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) announced a monthly dividend on Friday, September 4th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.1276 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

Popular Capital Trust II PFD GTD 6.125% Price Performance

Shares of NASDAQ:BPOPM traded up $0.02 during midday trading on Friday, hitting $25.19. The company had a trading volume of 2,887 shares, compared to its average volume of 3,944. Popular Capital Trust II PFD GTD 6.125% has a twelve month low of $24.75 and a twelve month high of $25.65. The business’s 50-day simple moving average is $25.20 and its 200-day simple moving average is $25.25.

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.