Research Summary
AI-generated summary of this SEC filing
POPULAR, Inc. Declares Quarterly Dividend of $0.90
What Happened
- Popular, Inc. (filed on Form 8-K on August 20, 2026) announced that its Board of Directors approved a quarterly cash dividend of $0.90 per share on its outstanding common stock.
- The dividend will be payable on October 1, 2026 to shareholders of record at the close of business on September 10, 2026. A press release dated August 20, 2026 is attached to the filing.
Key Details
- Dividend amount: $0.90 per share (quarterly cash dividend).
- Record date: September 10, 2026 (close of business).
- Payment date: October 1, 2026.
- Filing date / disclosure: Form 8-K filed August 20, 2026; press release included as Exhibit 99.1.
Why It Matters
- For income-focused investors, this confirms a scheduled cash payout and identifies the dates needed to qualify for the dividend (record date Sept 10, 2026).
- The announcement represents a committed cash outflow on the payment date; shareholders and potential investors may factor the dividend into yield calculations and near-term cash expectations.
- No other financial results or corporate actions were disclosed in this filing.