Key Developments: Popular Inc (BPOP.O)


BPOP.O on Nasdaq

28.75USD
14 Jun 2013
Price Change (% chg)

$-0.37 (-1.27%)
Prev Close
$29.12
Open
$29.10
Day's High
$29.20
Day's Low
$28.50
Volume
314,261
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777,619
52-wk High
$31.00
52-wk Low
$13.38

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Latest Key Developments (Source: Significant Developments)

Popular Inc Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Wednesday, 5 Jun 2013 01:20pm EDT 

Popular Inc announced that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on July 1, 2013 to holders of record as of June 15, 2013; and a monthly cash dividend of $0.171875 per share of 8.25% Non-cumulative Monthly Income Preferred Stock, Series B, payable on July 1, 2013 to holders of record as of June 15, 2013. The Corporation also announced the declaration of the following monthly distributions on its outstanding Trust Preferred Securities: a monthly distribution of $0.13958333 per security of 6.70% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on July 1, 2013 to holders of record as of June 15, 2013; and a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on July 1, 2013 to holders of record as of June 15, 2013.  Full Article

Popular Inc Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Monday, 6 May 2013 05:03pm EDT 

Popular Inc announced a monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on May 31, 2013 to holders of record as of May 15, 2013; and a monthly cash dividend of $0.171875 per share of 8.25% Non-cumulative Monthly Income Preferred Stock, Series B, payable on May 31, 2013 to holders of record as of May 15, 2013. The Corporation also announced the declaration of the following monthly distributions on its outstanding Trust Preferred Securities, a monthly distribution of $0.13958333 per security of 6.70% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on June 3, 2013 to holders of record as of May 15, 2013; and a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on June 3, 2013 to holders of record as of May 15, 2013  Full Article

Popular Inc Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Tuesday, 5 Mar 2013 04:28pm EST 

Popular Inc announced that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on April 01, 2013 to holders of record as of March 15, 2013; and a monthly cash dividend of $0.171875 per share of 8.25% Non-cumulative Monthly Income Preferred Stock, Series B, payable on April 01, 2013 to holders of record as of March 15, 2013. The Corporation also announced the declaration of the following monthly distributions on its outstanding Trust Preferred Securities: a monthly distribution of $0.13958333 per security of 6.70% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on April 1, 2013 to holders of record as of March 15, 2013; and a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on April  Full Article

Popular Inc Declares Dividends On Preferred Stock, Announces Distribution On Trust Preferred Securities
Tuesday, 5 Feb 2013 01:49pm EST 

Popular Inc announced that it has declared monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on February 28, 2013 to holders of record as of February 15, 2013; and a monthly cash dividend of $0.171875 per share of 8.25% Non-cumulative Monthly Income Preferred Stock, Series B, payable on February 28, 2013 to holders of record as of February 15, 2013. The Corporation also announced the declaration of monthly distributions on its outstanding Trust Preferred Securities: a monthly distribution of $0.13958333 per security of 6.70% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on March 1, 2013 to holders of record as of February 15, 2013; and a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust  Full Article

Popular Inc Appoints New CFO-Form 8-K
Thursday, 24 Jan 2013 01:01pm EST 

Popular Inc reported in its Form 8-K that on January 24, 2013, Popular, Inc. (Popular) announced that Carlos J. Vázquez will become Chief Financial Officer (CFO) of the Company, effective as of March 15, 2013, succeeding Jorge A. Junquera. Manuel Chinea will assume the role of Chief Operating Officer of Popular Community Bank. Mr. Junquera will assume the new role of Vice Chairman and Special Assistant to the CEO, assisting in business development initiatives and overseeing the Company’s portfolio investments.  Full Article

Popular Inc Declares Dividends On Preferred Stock And Announces Distribution On Trust Preferred Securities
Friday, 4 Jan 2013 12:18pm EST 

Popular Inc announced that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on January 31, 2013 to holders of record as of January 15, 2013; and a monthly cash dividend of $0.171875 per share of 8.25% Non-cumulative Monthly Income Preferred Stock, Series B, payable on January 31, 2013 to holders of record as of January 15, 2013. The Corporation also announced the declaration of the following monthly distributions on its outstanding Trust Preferred Securities: a monthly distribution of $0.13958333 per security of 6.70% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on February 1, 2013 to holders of record as of January 15, 2013; and a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on February 1, 2013 to holders of record as of January 15, 2013.  Full Article

Popular Inc Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Wednesday, 5 Dec 2012 01:52pm EST 

Popular Inc announced that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on December 31, 2012 to holders of record as of December 15, 2012; and a monthly cash dividend of $0.171875 per share of 8.25% Non-cumulative Monthly Income Preferred Stock, Series B, payable on December 31, 2012 to holders of record as of December 15, 2012. The Corporation also announced the declaration of the following monthly distributions on its outstanding Trust Preferred Securities: a monthly distribution of $0.13958333 per security of 6.70% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on January 2, 2013 to holders of record as of December 15, 2012; and a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on January 2, 2013 to holders of record as of December 15, 2012.  Full Article

Popular Inc Reaffirms FY 2012 Net Income Guidance
Monday, 26 Nov 2012 09:00am EST 

Popular Inc reaffirmed fiscal 2012 net income guidance and expects net income to be in the range of $210-$225 million.  Full Article

Popular Inc Declares Dividends On Preferred Stock, Announces Distribution On Trust Preferred Securities
Monday, 5 Nov 2012 06:14pm EST 

Popular Inc announced that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock a monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on November 30, 2012 to holders of record as of November 15, 2012 and a monthly cash dividend of $0.171875 per share of 8.25% Non-cumulative Monthly Income Preferred Stock, Series B, payable on November 30, 2012 to holders of record as of November 15, 2012.  Full Article

Popular Inc Reaffirms FY 2012 Net Income Guidance
Friday, 19 Oct 2012 08:00am EDT 

Popular Inc reaffirmed its fiscal 2012 net income to be in the range of $210-$225 million.  Full Article

Spain's Popular maintains profit forecast for 2013 and 2014

MADRID, April 30 - Spanish bank Popular on Tuesday said it maintained its forecast of a 500-million-euro ($655.00 million) profit in 2013 and of a 1.4-billion-euro profit in 2014.

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