Popular (BPOP) increases dividend, announces new buyback program
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Popular Announces Capital Actions
April 12, 2021 8:30 AM EDTSAN JUAN, Puerto Rico--(BUSINESS WIRE)-- Popular, Inc. (Popular or the Corporation) (NASDAQ: BPOP) announced today the following capital actions:
an increase in the Corporations quarterly common stock dividend from $0.40 per share to $0.45 per share, commencing with the dividend payable in the third quarter of 2021, subject to the approval by the Corporations Board of Directors; and common stock repurchases of up to $350 million during 2021.Our capital actions demonstrate Populars resiliency in times of uncertainty and our commitment to continue to return excess capital responsibly to our shareholders,... More
