Popular Inc Stock Price, News & Analysis

Popular, Inc. (NASDAQ: BPOP) has announced significant capital actions, including an increase in its quarterly common stock dividend from $0.45 to $0.55 per share, effective in the second quarter of 2022, pending Board approval. Additionally, the company plans to execute stock repurchases of up to $500 million during 2022. These steps reflect the strength of Popular's financial performance and capital position, aimed at delivering shareholder value while continuing to invest in its operations.

Popular, Inc. announced a $0.132813 monthly cash dividend for its 6.375% Non-Cumulative Monthly Income Preferred Stock, Series A, payable on January 31, 2022. Record date is January 15, 2022. Additionally, a $0.127604 monthly distribution on its 6.125% Cumulative Monthly Income Trust Preferred Securities will be payable on February 1, 2022, also to holders of record as of January 15, 2022. Popular, Inc. remains a leading financial institution in Puerto Rico.

Popular, Inc. (NASDAQ: BPOP) will announce its financial results for the fourth quarter ending December 31, 2021 before the market opens on January 27, 2022. A live conference call is scheduled for the same day at 10:00 a.m. Eastern Time, accessible via the investor relations section of its website at www.popular.com. Listeners should join 15 minutes early. A replay of the call will be available for one month after.

Popular Bank's Easy Access Checking has been certified by the Cities for Financial Empowerment Fund, meeting the Bank On National Account Standards. This certification highlights the account's commitment to financial inclusion and offers low monthly costs ($3-$5), no low balance fees, and essential transaction capabilities. Launched in Florida and New Jersey, it will be available in New York starting January 15, 2022. This initiative supports unbanked consumers by providing safe and affordable banking options, reinforcing Popular Bank's mission of community investment.

Popular, Inc. (NASDAQ: BPOP) has declared a monthly cash dividend of $0.132813 per share on its 6.375% Non-Cumulative Monthly Income Preferred Stock, payable on December 31, 2021, to shareholders of record by December 15, 2021.

Additionally, a monthly distribution of $0.127604 per security on its 6.125% Cumulative Monthly Income Trust Preferred Securities will be paid on January 3, 2022, also to holders of record as of December 15, 2021.

Popular, Inc. (NASDAQ: BPOP) announced that its subsidiary, Banco Popular de Puerto Rico (BPPR), has been named 'Bank of the Year - Puerto Rico' by The Banker for the eighth consecutive year. The accolade recognizes BPPR's strong financial performance and effective COVID-19 loan disbursement strategy, processing nearly 50,000 loans worth over $2.1 billion under the PPP. The bank's commitment to environmental, social, and governance (ESG) practices, along with its own digital loan processing platform, were also highlighted.

Popular announces its 29th music special, “Ellas, Mujeres en la Música,” in collaboration with filmmaker Noelia Quintero Herencia, showcasing women's impact on Puerto Rican music. The special airs on December 5 at 8:00 p.m. on major television channels, with additional broadcasts on Mega TV Orlando and Telemundo New York. The production highlights various artists including Lucecita Benítez and Milly Quezada. Proceeds support music programs for youth via Fundación Banco Popular, continuing Popular's long-standing commitment to empowerment and community engagement.

Popular, Inc. (NASDAQ: BPOP) has declared a quarterly cash dividend of $0.45 per share on its outstanding common stock. This dividend will be payable on January 3, 2022 to shareholders on record as of December 7, 2021. Popular, Inc., the leading financial institution in Puerto Rico, ranks among the top 50 U.S. bank holding companies by assets and offers a wide range of banking services both in Puerto Rico and the mainland United States through its subsidiaries.

Popular, Inc. (NASDAQ: BPOP) has declared a monthly cash dividend of $0.132813 per share on its 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on November 30, 2021 to record holders by November 15, 2021.

Additionally, a monthly distribution of $0.127604 per security on its 6.125% Cumulative Monthly Income Trust Preferred Securities will be paid on December 1, 2021 to holders of record as of November 15, 2021.