Form 8-K POPULAR INC For: Aug 24
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 24, 2017
POPULAR, INC.
(Exact name of registrant as specified in its charter)
Puerto Rico | 001-34084 | 66-0667416 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) | (IRS Employer Identification Number) |
209 Muñoz Rivera Avenue Hato Rey, Puerto Rico |
00918 | |
(Address of principal executive offices) | (Zip code) |
(787) 765-9800
(Registrants telephone number, including area code)
NOT APPLICABLE
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. | Other Events. |
On August 24, 2017, Popular, Inc. issued a press release announcing that its Board of Directors approved a quarterly cash dividend of $0.25 per share on its outstanding common stock. The dividend will be payable on October 2, 2017 to shareholders of record at the close of business on September 14, 2017.
A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01. | Financial Statements and Exhibits. |
The following exhibit shall not be deemed to be filed for purposes of the Securities Exchange Act of 1934, as amended.
99.1 | Press release dated August 24, 2017. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
POPULAR, INC. (Registrant) | ||||||
Date: August 24, 2017 | By: | /s/ Javier D. Ferrer | ||||
Javier D. Ferrer | ||||||
Executive Vice President, General Counsel and Secretary |
Exhibit 99.1
Contact: | ||
Media Relations: | Press Release | |
Teruca Rullán 917-679-3596 787-281-5170 |
Investor Relations
Brett Scheiner
212-417-6721
Popular, Inc. Declares a Cash Dividend of $0.25 per Common Share
San Juan, Puerto Rico August 24, 2017 Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.25 per share on its outstanding common stock. The dividend will be payable on October 2, 2017 to shareholders of record at the close of business on September 14, 2017.
About Popular, Inc.
Founded in 1893, Popular, Inc. is the leading banking institution by both assets and deposits in Puerto Rico and ranks among the top 50 U.S. banks by assets. Popular provides retail, mortgage and commercial banking services through its principal banking subsidiary, Banco Popular de Puerto Rico, as well as auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. In the United States, Popular has established a community-banking franchise providing a broad range of financial services and products with branches in New York, New Jersey and Florida under the name of Popular Community Bank.
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