Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Increases Dividend to $0.13 Per Share

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) announced a monthly dividend on Monday, January 6th,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 5.91%. The ex-dividend date is Wednesday, January 15th. This is a positive change 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 increased its dividend payment by an average of 33.9% annually over the last three years.

Popular Capital Trust II PFD GTD 6.125% Stock Performance

Shares of BPOPM traded up $0.17 during trading hours on Monday, hitting $25.89. 1,897 shares of the company were exchanged, compared to its average volume of 4,783. The firm’s fifty day moving average is $25.52 and its 200 day moving average is $25.56. 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.