Popular Capital Trust II PFD GTD 6.125% (NASDAQ:BPOPM – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,476 shares, a decrease of 54.7% from the May 14th total of 5,467 shares. Based on an average trading volume of 2,326 shares, the days-to-cover ratio is currently 1.1 days.
Popular Capital Trust II PFD GTD 6.125% Price Performance
Shares of NASDAQ:BPOPM traded down $0.15 during midday trading on Friday, reaching $25.36. 5,201 shares of the company were exchanged, compared to its average volume of 4,153. Popular Capital Trust II PFD GTD 6.125% has a one year low of $24.54 and a one year high of $25.65. The business’s fifty day moving average is $25.31 and its two-hundred day moving average is $25.29.
Popular Capital Trust II PFD GTD 6.125% Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.1276 per share. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a yield of 6.0%.
About Popular Capital Trust II PFD GTD 6.125%
Popular Capital Trust II Pfd Gtd 6.125% (NASDAQ: BPOPM) is a Delaware statutory trust formed by Popular, Inc to issue cumulative preferred securities. The trust’s sole assets consist of junior subordinated debentures issued by Popular, Inc, which serve as collateral for the preferred securities. Investors in BPOPM receive a fixed annual distribution rate of 6.125% through the initial fixed‐rate period.
These trust preferred securities are guaranteed on a subordinated basis by Popular, Inc, a financial holding company headquartered in San Juan, Puerto Rico.
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