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

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) declared a monthly dividend on Thursday, March 5th. Investors of record on Sunday, March 15th will be given a dividend of 0.1276 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Friday, March 13th.

Popular Capital Trust II PFD GTD 6.125% Trading Down 0.2%

NASDAQ BPOPM traded down $0.06 on Thursday, hitting $25.27. The company’s stock had a trading volume of 1,488 shares, compared to its average volume of 4,273. Popular Capital Trust II PFD GTD 6.125% has a 1-year low of $24.53 and a 1-year high of $25.98. The company’s 50-day moving average is $25.35 and its 200 day moving average is $25.22.

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.