Popular's last quarterly dividend of $0.55 per share was on Dec 6, 2022 (ex-date). The annualized dividend payment of $2.2 per share represents a current dividend yield of 3.28%.
BPOP has a dividend yield of 3.28% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.72%, Popular's dividend yield is 21% higher. The current dividend yield is more than the historical average of 2.6% of the last 5 years.
Popular has a dividend history dating as far as 1994, but when it comes to recent years the company has recorded seven consecutive years of dividend payments. Our records of BPOP show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 26% since one year ago. And with the stock price down by 24% from a year ago, the dividend yield marks an increase of 65%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 6, 2022 | Jan 3, 2023 | Nov 16, 2022 | $0.55 | normal |
| Sep 6, 2022 | Oct 3, 2022 | Aug 17, 2022 | $0.55 | normal |
| Jun 1, 2022 | Jul 1, 2022 | May 12, 2022 | $0.55 | normal |
| Mar 14, 2022 | Apr 1, 2022 | Feb 23, 2022 | $0.55 | normal |
| Dec 6, 2021 | Jan 3, 2022 | Nov 16, 2021 | $0.45 | normal |
| Sep 9, 2021 | Oct 1, 2021 | Aug 20, 2021 | $0.45 | normal |
| May 25, 2021 | Jul 1, 2021 | May 6, 2021 | $0.45 | normal |
| Mar 17, 2021 | Apr 1, 2021 | Feb 26, 2021 | $0.4 | normal |
| Dec 10, 2020 | Jan 4, 2021 | Nov 19, 2020 | $0.4 | normal |
| Sep 4, 2020 | Oct 1, 2020 | Aug 18, 2020 | $0.4 | normal |
| Jun 1, 2020 | Jul 1, 2020 | May 12, 2020 | $0.4 | normal |
| Mar 18, 2020 | Apr 1, 2020 | Feb 28, 2020 | $0.4 | normal |
| Dec 4, 2019 | Jan 2, 2020 | Nov 14, 2019 | $0.3 | normal |
| Sep 12, 2019 | Oct 1, 2019 | Aug 23, 2019 | $0.3 | normal |
| May 24, 2019 | Jul 1, 2019 | May 7, 2019 | $0.3 | normal |
| Mar 7, 2019 | Apr 1, 2019 | Feb 15, 2019 | $0.3 | normal |
| Dec 4, 2018 | Jan 2, 2019 | Nov 14, 2018 | $0.25 | normal |
| Sep 12, 2018 | Oct 1, 2018 | Aug 23, 2018 | $0.25 | normal |
| May 25, 2018 | Jul 2, 2018 | May 8, 2018 | $0.25 | normal |
| Mar 15, 2018 | Apr 2, 2018 | Feb 23, 2018 | $0.25 | normal |
| Dec 4, 2017 | Jan 2, 2018 | Nov 14, 2017 | $0.25 | normal |
| Sep 13, 2017 | Oct 2, 2017 | Aug 24, 2017 | $0.25 | normal |
| Jun 7, 2017 | Jul 3, 2017 | May 19, 2017 | $0.25 | normal |
| Mar 15, 2017 | Apr 3, 2017 | Jan 24, 2017 | $0.25 | normal |
| Dec 7, 2016 | Jan 2, 2017 | Nov 22, 2016 | $0.15 | normal |
| Sep 7, 2016 | Oct 3, 2016 | Aug 19, 2016 | $0.15 | normal |
| Jun 8, 2016 | Jul 1, 2016 | May 20, 2016 | $0.15 | normal |
| Mar 9, 2016 | Apr 1, 2016 | Feb 19, 2016 | $0.15 | normal |
BPOP has a payout ratio of 16% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 31.1%, Popular's payout ratio is 49% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FITB Fifth Third Bancorp | 3.49% | $1.26 | 38.5% |
| FCBC First Community Bankshares Inc | 3.48% | $1.12 | 41.6% |
| FBP First Bancorp | 3.42% | $0.46 | 29.7% |
| BPOP Popular Inc | 3.28% | $2.2 | 16% |
| UVSP UNIVEST FINANCIAL Corp | 3.11% | $0.83 | 34% |
| MTB M&T Bank Corp | 3.1% | $4.8 | 45.2% |
| OFG Ofg Bancorp | 2.52% | $0.7 | 22.2% |
Yes, Popular has paid four dividends in the last 12 months. BPOP has been paying dividends since 2015.
Currently BPOP's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in March 2023.
Popular's last dividend ex-date was on Dec 6, 2022. The dividend amount was $0.55 per share.
On an annual basis BPOP pays $2.2 per share.
The current dividend yield of Popular is 3.28%.
Popular pays four dividends per year.
The dividend payout ratio of Popular is 16%.
Popular's dividend yield is more than the Financial Services sector average.