Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) Plans Dividend Increase – $0.13 Per Share

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) declared a monthly dividend on Friday, October 4th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.1276 per share on Friday, November 1st. This represents a $1.53 dividend on an annualized basis and a dividend yield of 5.92%. The ex-dividend date of this dividend is Tuesday, October 15th. This is an increase from Popular Capital Trust II PFD GTD 6.125%’s previous monthly dividend of $0.13.

Popular Capital Trust II PFD GTD 6.125% has decreased its dividend payment by an average of 56.3% annually over the last three years.

Popular Capital Trust II PFD GTD 6.125% Price Performance

Shares of NASDAQ BPOPM traded up $0.19 during mid-day trading on Friday, hitting $25.85. The stock had a trading volume of 1,201 shares, compared to its average volume of 2,354. The company has a 50 day moving average of $25.64 and a two-hundred day moving average of $25.44. Popular Capital Trust II PFD GTD 6.125% has a twelve month low of $24.50 and a twelve month 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.