dividend
confidence high
sentiment positive
materiality 0.60
Popular, Inc. raises quarterly dividend to $0.62/share, a 13% increase from $0.55
POPULAR, INC.
- Board approved $0.62 per share quarterly cash dividend, up $0.07 from prior $0.55 dividend.
- Dividend represents a ~13% increase; payable on January 2, 2024 to holders of record December 7, 2023.
- CEO Ignacio Alvarez cited financial strength and commitment to shareholder value.