POPULAR, INC. 8-K
Research Summary
AI-generated summary
Popular, Inc. Announces $0.75 Quarterly Cash Dividend
What Happened
- Popular, Inc. (BPOP) filed a Form 8-K on February 26, 2026 to announce that its Board of Directors approved a quarterly cash dividend of $0.75 per share on its outstanding common stock. The dividend will be payable on April 1, 2026 to shareholders of record at the close of business on March 18, 2026. A press release dated February 26, 2026 is included as Exhibit 99.1 to the filing.
Key Details
- Dividend amount: $0.75 per share (quarterly).
- Record date: March 18, 2026 (close of business).
- Payment date: April 1, 2026.
- Announcement filed via Form 8-K on February 26, 2026; press release attached as Exhibit 99.1.
Why It Matters
- Shareholders who own Popular common stock by the record date (March 18) will receive the cash payment on April 1, 2026, providing direct income to investors.
- A board-approved dividend is a direct distribution of cash to shareholders and is a material corporate action; investors monitoring income, yield, or cash-return policies should note the timing and amount.