UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May
7, 2019
POPULAR, INC.
(Exact name of registrant as specified in its charter)
| Puerto Rico | 001-34084 | 66-0667416 | ||
|
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(IRS Employer Identification Number) |
|
209 Muñoz Rivera Avenue
Hato Rey, Puerto Rico |
00918 | |
| (Address of principal executive offices) | (Zip code) |
(787) 765-9800
(Registrant’s telephone number, including area code)
NOT APPLICABLE
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
⃞
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
⃞
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
⃞
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
⃞
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ⃞
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ⃞
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock ($0.01 par value) | BPOP | The NASDAQ Stock Market |
|
6.70% Cumulative Monthly Income Trust Preferred Securities |
BPOPN | The NASDAQ Stock Market |
|
6.125% Cumulative Monthly Income Trust Preferred Securities |
BPOPM | The NASDAQ Stock Market |
Item 8.01. Other Events.
On May 7, 2019, Popular, Inc. issued a press release announcing that its Board of Directors approved a quarterly cash dividend of $0.30 per share on its outstanding common stock. The dividend will be payable on July 1, 2019 to shareholders of record at the close of business on May 28, 2019.
A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
99.1 Press release dated May 7, 2019.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
POPULAR, INC. (Registrant) |
|
|
Date: May 7, 2019 |
By: | /s/ Javier D. Ferrer |
| Javier D. Ferrer | ||
|
Executive Vice President, Chief Legal Counsel and Secretary |
Exhibit 99.1
Popular, Inc. Declares a Cash Dividend of $0.30 per Common Share
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--May 7, 2019--Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 per share on its outstanding common stock. The dividend will be payable on July 1, 2019 to shareholders of record at the close of business on May 28, 2019.
About Popular, Inc.
Popular, Inc. is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holding companies by assets. Founded in 1893, Banco Popular de Puerto Rico, Popular’s principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands. Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. In the mainland United States, Popular provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches located in New York, New Jersey and Florida.
CONTACT:
Popular, Inc.
Investor Relations:
Paul J. Cardillo,
212-417-6721
Investor Relations Officer
pcardillo@popular.com
or
Media
Relations:
Teruca Rullán, 787-281-5170 or 917-679-3596 (mobile)
Senior
Vice President, Corporate Communications