Popular Capital Trust II PFD GTD 6.125% Announces Monthly Dividend of $0.13 (NASDAQ:BPOPM)

Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.1276 per share on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, July 15th.

Popular Capital Trust II PFD GTD 6.125% Price Performance

Popular Capital Trust II PFD GTD 6.125% stock traded up $0.13 during midday trading on Wednesday, reaching $25.13. The stock had a trading volume of 7,560 shares, compared to its average volume of 4,178. The stock’s 50-day simple moving average is $25.29 and its 200 day simple moving average is $25.31. Popular Capital Trust II PFD GTD 6.125% has a twelve month low of $24.54 and a twelve month high of $25.65.

About Popular Capital Trust II PFD GTD 6.125%

Popular Capital Trust II Pfd Gtd 6.125% (NASDAQ: BPOPM) is a Delaware statutory trust formed by Popular, Inc to issue cumulative preferred securities. The trust’s sole assets consist of junior subordinated debentures issued by Popular, Inc, which serve as collateral for the preferred securities. Investors in BPOPM receive a fixed annual distribution rate of 6.125% through the initial fixed‐rate period.

These trust preferred securities are guaranteed on a subordinated basis by Popular, Inc, a financial holding company headquartered in San Juan, Puerto Rico.