POPULAR, INC. 8-K

What Happened
Popular, Inc. (BPOP) filed a Form 8-K on July 23, 2026 announcing plans to raise its quarterly common stock dividend from $0.75 to $0.90 per share and to initiate a program to repurchase up to $1.0 billion of its common stock. The dividend increase is slated to commence with the dividend payable in the fourth quarter of 2026 and is subject to approval by the Corporation’s Board of Directors. The company attached a press release dated July 23, 2026 to the filing.

Key Details

• Dividend increase: from $0.75 to $0.90 per common share, starting with the dividend payable in Q4 2026 (board approval required).
• Share repurchase authorization: up to $1.0 billion of common stock.
• Filing date: Form 8-K and press release dated July 23, 2026 (press release included as Exhibit 99.1).

Why It Matters
A higher quarterly dividend increases the cash return to shareholders per share, and a $1 billion buyback program gives the company flexibility to reduce outstanding shares over time, which can affect per-share metrics. Both actions signal management’s capital-allocation decision to return more capital to equity holders, but the dividend change is contingent on Board approval and the timing and size of actual repurchases will depend on market conditions and company needs. Investors should watch for the Board’s formal approval, the announced payable date for the increased dividend, and any future disclosures about the pace of repurchases.