Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM – Get Free Report) declared a monthly dividend on Friday, June 5th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.1276 per share on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Monday, June 15th.
Popular Capital Trust II PFD GTD 6.125% Price Performance
NASDAQ:BPOPM opened at $25.36 on Friday. The company’s 50 day moving average is $25.31 and its 200-day moving average is $25.29. Popular Capital Trust II PFD GTD 6.125% has a 12 month low of $24.54 and a 12 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.
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