Popular 6.375% Non Cumulative Monthly Income Preferred Stock
By: Tim McPartland,
S&P Rating CCC+ Moodys Rating NR
Security Ticker Symbol BPOPO
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Market Traded ON NASDAQ
Dividend Payment Paid on the last day of each month beginning on 03/31/2003
Quarterly Dividend .133 Annual Dividend 1.594
Securities may be redeemed, at the issuers option, as early as 03/31/2008 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will Likely be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Popular Bank
Below you can find the offering Prospectus and Final Pricing Document
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Tim McPartland
Connect with Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
