(NASDAQ:BPOP) SAN JUAN, Puerto Rico--(BUSINESS WIRE)--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: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on September 30, 2025 to holders of record as of September 15, 2025. The Corporation also announced the following monthly distribution on its outstanding
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How will the declared monthly dividend on the 6.375% Non‑Cumulative Preferred Stock affect BPOP's yield and preferred share price?
What impact will the cash distribution on the Trust Preferred Securities have on the company's liquidity and overall balance sheet?
How does this dividend and distribution announcement compare to peers' preferred stock policies and market expectations?