Popular, Inc. issued an announcement today revealing that its Board of Directors has approved a quarterly cash dividend of US$0.45 per share on its outstanding common stock. The dividend will be payable on January 3, 2022, to shareholders of record at the close of business on December 7, 2021.
Popular, Inc. (NASDAQ: BPOP) is Puerto Rico’s leading financial institution, by both assets and deposits, and is listed among the top 50 U.S. lenders holding companies by assets.
Founded in 1893, Banco Popular de Puerto Rico, Popular’s principal subsidiary, offers retail, mortgage, and commercial banking services in Puerto Rico and the U.S. Virgin Islands.
Popular also provides Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer, and insurance services through specialized subsidiaries.
In the mainland United States, Popular offers retail, mortgage, and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches scattered across New York, New Jersey, and Florida.
Pan Finance is a print journal and news website providing worldwide intelligence on finance, economics and global commerce. Known for our in-depth analysis and opinion pieces from esteemed academics and celebrated professionals; our readership consists of senior decision makers from across the globe.