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SAN JUAN - Popular, Inc. (NASDAQ:BPOP) announced Friday that its Board of Directors has approved a quarterly cash dividend of $0.75 per share on its outstanding common stock.
The dividend will be payable on October 1, 2025, to shareholders of record at the close of business on September 12, 2025.
Popular, Inc. is the leading financial institution in Puerto Rico by both assets and deposits and ranks among the top 50 U.S. bank holding companies by assets, according to the company’s press release.
The bank was founded in 1893 and operates primarily through its subsidiary, Banco Popular de Puerto Rico, which provides retail, mortgage, and commercial banking services in Puerto Rico and the U.S. and British Virgin Islands. The company also offers auto and equipment leasing and financing in Puerto Rico.
In the mainland United States, Popular conducts business through its New York-chartered subsidiary, Popular Bank, with branches in New York, New Jersey, and Florida.
In other recent news, Popular, Inc. reported strong financial results for the second quarter of 2025, with earnings per share (EPS) reaching $3.09, surpassing the forecasted $2.52 by 22.62%. This significant earnings beat was accompanied by a solid revenue performance. Following these results, Citi raised its price target for Popular, Inc. to $142 from $133, maintaining a Buy rating, citing strong core net interest income and an increased guidance for the full year 2025. Similarly, Keefe, Bruyette & Woods increased its price target for the company to $132 from $125, keeping an Outperform rating, after noting a "meaningful beat across almost all major line items" in the quarterly earnings report. These developments reflect a positive outlook from analysts, supported by Popular’s improved financial guidance.
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