SAN JUAN, Puerto Rico, June 03, 2022--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:
Europe's second-highest court on Wednesday dismissed claims by shareholders and creditors over losses they suffered in the 2017 rescue of Spain's Banco Popular, saying the deal was the best option in the circumstances. The European Union's Single Resolution Board (SRB), set up to limit the cost to taxpayers from failing banks, orchestrated an overnight rescue of Popular in June 2017, with shareholders and some bondholders taking losses as it was sold for a nominal one euro to larger Spanish rival Santander. Spanish and EU authorities hailed the case as a successful first test of so-called bail-in rules, where investors and creditors bear much of the cost of a bank rescue.
SAN JUAN, Puerto Rico, May 12, 2022--Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on July 1, 2022 to shareholders of record at the close of business on June 2, 2022.