{"id":451096,"date":"2021-03-04T13:03:11","date_gmt":"2021-03-04T18:03:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451096"},"modified":"2021-03-04T13:03:11","modified_gmt":"2021-03-04T18:03:11","slug":"popular-inc-declares-dividend-on-preferred-stock-announces-distribution-on-trust-preferred-securities-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/popular-inc-declares-dividend-on-preferred-stock-announces-distribution-on-trust-preferred-securities-2\/","title":{"rendered":"Popular, Inc. Declares Dividend on Preferred Stock, Announces Distribution on Trust Preferred Securities"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Popular, Inc. Declares Dividend on Preferred Stock, Announces Distribution on Trust Preferred Securities<\/b><\/p>\n<p>SAN JUAN, Puerto Rico&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPopular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\na monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on March 31, 2021 to holders of record as of March 15, 2021.\n<\/li>\n<\/ul>\n<p>\nThe Corporation also announced the following monthly distributions on its outstanding Trust Preferred Securities:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\na monthly distribution of $0.139583 per security of 6.700% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on April 1, 2021 to holders of record as of March 15, 2021; and\n<\/li>\n<li>\na monthly distribution of $0.127604 per security of 6.125<b>%<\/b> Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on April 1, 2021 to holders of record as of March 15, 2021.\n<\/li>\n<\/ul>\n<p><b>About Popular, Inc.<\/b><\/p>\n<p>\nPopular, Inc. (NASDAQ: BPOP) is the leading financial institution by both assets and deposits in Puerto Rico and ranks among the top 50 U.S. bank holding companies by assets. Founded in 1893, Banco Popular de Puerto Rico, Popular\u2019s principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands. Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. In the mainland United States, Popular provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches located in New York, New Jersey and Florida.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210304005856r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210304005856\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210304005856\/en\/<\/a><\/span><\/p>\n<p>\nPopular, Inc.<br \/>\n<\/p>\n<p><b>Investor Relations:<br \/>\n<\/b><br \/>Paul J. Cardillo, 212-417-6721<br \/>\n<br \/>Investor Relations Officer<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:pcardillo@popular.com\">pcardillo@popular.com<br \/>\n<\/a><\/p>\n<p><b>or<br \/>\n<\/b><\/p>\n<p><b>Media Relations:<br \/>\n<\/b><br \/><b>Teruca Rull\u00e1n, <\/b>787-281-5170 or 917-679-3596 (mobile)<br \/>\n<br \/>Senior Vice President, Corporate Communications\n<\/p>\n<p><b>KEYWORDS:<\/b> Caribbean Puerto Rico<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210304005856\/en\/212013\/3\/Popular_Investor_Relations.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Popular, Inc. Declares Dividend on Preferred Stock, Announces Distribution on Trust Preferred Securities SAN JUAN, Puerto Rico&#8211;(BUSINESS WIRE)&#8211; Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on March 31, 2021 to holders of record as of March 15, 2021. The Corporation also announced the following monthly distributions on its outstanding Trust Preferred Securities: a monthly distribution of $0.139583 per security of 6.700% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on April 1, 2021 to holders of record as &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/popular-inc-declares-dividend-on-preferred-stock-announces-distribution-on-trust-preferred-securities-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Popular, Inc. Declares Dividend on Preferred Stock, Announces Distribution on Trust Preferred Securities&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-451096","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Popular, Inc. 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(NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on March 31, 2021 to holders of record as of March 15, 2021. The Corporation also announced the following monthly distributions on its outstanding Trust Preferred Securities: a monthly distribution of $0.139583 per security of 6.700% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on April 1, 2021 to holders of record as &hellip; Continue reading &quot;Popular, Inc. 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