dividend
confidence high
sentiment positive
materiality 0.75
Popular increases quarterly dividend 20% to $0.90/share and authorizes $1B buyback
POPULAR, INC.
- Quarterly dividend raised from $0.75 to $0.90 per share, effective Q4 2026, pending board approval.
- New $1 billion common stock repurchase authorization announced; no specific dollar amount required.
- Repurchased ~$280M in 2026; prior $500M authorization fully utilized as of June 30, 2026.
- CEO cites excess capital, robust liquidity, and strong financial performance for capital actions.