Popular, Inc. Preferred A Shares Declare Monthly Dividend of $0.1328
Popular, Inc. (BPOP) has announced a monthly dividend payment of $0.1328 per share for its 6.375% PFD A shares (BPOPO). The distribution is consistent with previous payouts and carries a forward yield of approximately 6.31%. The announcement comes amidst broader positive momentum for the parent company, Popular, Inc., which has reported improving Net Interest Margins (NIM). Looking ahead, the company projects an 8.5% increase in net interest income for 2026 and plans to execute between $150 million and $200 million in share buybacks during the fourth quarter.
Topics: dividends earnings net interest income stock buybacks
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Part of the story Popular 6.125% Cumulative Monthly Income Trust Preferred Securities declares $0.1276 dividend (3 articles)