Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Plans Monthly Dividend of $0.13

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 is Tuesday, September 15th.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

Shares of BPOPM stock traded up $0.02 on Friday, reaching $25.19. 2,887 shares of the company’s stock traded hands, compared to its average volume of 3,944. Popular Capital Trust II PFD GTD 6.125% has a 12-month low of $24.75 and a 12-month high of $25.65. The business’s 50 day moving average price is $25.20 and its two-hundred day moving average price is $25.25.

About Popular Capital Trust II PFD GTD 6.125%

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.