Popular (BPOP) Reduces Dividend 50% to $0.08/Sh

August 28, 2008 4:20 PM EDT

Popular, Inc. (Nasdaq: BPOP) declared a cash dividend of $0.08 cents per common share. The new dividend rate represents a reduction of 50 percent from its previous dividend payment.

The dividend is payable on October 1, 2008 to the stockholders of record as of September 12, 2008.


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BPOP 5.38

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