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Popular Announces Stock Buyback and Dividend Increase

Popular Announces Stock Buyback and Dividend Increase

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Popular (BPOP) has shared an announcement.

The Corporation has announced a conference call to review its financial results for the quarter ending June 30, 2024. Additionally, they unveiled plans to buy back up to $500 million of their common stock and proposed an increase in their quarterly dividend from $0.62 to $0.70 per share starting in the first quarter of 2025, pending board approval. This financial strategy indicates a confident outlook on the company’s performance and a commitment to delivering shareholder value.

For an in-depth examination of BPOP stock, go to TipRanks’ Stock Analysis page.

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