Popular (BPOP) Reinstates $0.15 Quarterly Dividend; 2.1% Yield

Popular (NASDAQ: BPOP) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on October 7, 2015, to stockholders of record on September 29, 2015, with an ex-dividend date of September 25, 2015.

The annual yield on the dividend is 2.1 percent.

"We are very pleased to reinstate a quarterly cash dividend, which reflects our significantly improved financial performance and capital position," said Richard L. Carrión, Chairman and CEO of Popular. "The cash dividend enables us to return excess capital to our shareholders while maintaining strong capital levels in line with our current operating environment," added Mr. Carrión.

For a dividend history and other dividend-related data on Popular (BPOP) click here.

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