SAN JUAN, Puerto Rico--(BUSINESS WIRE)--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 January 2,
2019 to shareholders of record at the close of business on December 5,
About Popular, Inc.
Popular, Inc. is the leading financial institution in Puerto Rico, by
both assets and deposits, and ranks among the topmore...
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”)
(NASDAQ:BPOP) reported a net income of $140.6 million for the third
quarter ended September 30, 2018, compared to a net income of $279.8
million and an adjusted net income of $121.3 million for the second
quarter ended June 30, 2018.
Ignacio Alvarez, President and Chief Executive Officer, said: “We
delivered solid results for the quarter, asmore...
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ:BPOP) announced today that it has declared the
following monthly cash dividends on its outstanding shares of
Non-cumulative Monthly Income Preferred Stock:
a monthly cash dividend of $0.132813 per share of 6.375%
Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable
on October 31, 2018, to holders of record as of October 15, 2018; and
a monthly cash dividend of $0.171875more...
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (“Popular”) (NASDAQ: BPOP) announced today that it has
delivered a redemption notice to The Bank of New York Mellon to redeem,
on October 15, 2018, all outstanding $450,000,000 7.000% Senior Notes
due 2019 issued by Popular (“2019 Notes”). The redemption price for the
2019 Notes will be the sum of the present values of the remaining
scheduled payments of principal and interest on the 2019 Notes to be
redeemed that would be duemore...
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (“Popular”) (NASDAQ:BPOP) announced today that it has
agreed to sell an aggregate of $300,000,000 principal amount of its
6.125% Senior Notes due 2023 (the “Senior Notes”). Popular intends to
use the net proceeds from the offering plus available cash to redeem
$450 million aggregate principal amount of its outstanding 7.00% Senior
Notes due on July 1, 2019.
The Senior Notes will bearmore...
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