POPULAR INC PR false 0000763901 0000763901 2019-11-14 2019-11-14 0000763901 us-gaap:CommonStockMember 2019-11-14 2019-11-14 0000763901 bpop:M6.70CumulativeMonthlyIncomeTrustPreferredSecuritiesMember 2019-11-14 2019-11-14 0000763901 bpop:M6.125CumulativeMonthlyIncomeTrustPreferredSecuritiesMember 2019-11-14 2019-11-14

 

 

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): November 14, 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 communication 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 communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

  Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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

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.  

 

 


Item 8.01. Other Events.

On November 14, 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 January 2, 2020 to shareholders of record at the close of business on December 5, 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 November 14, 2019.

         
 

101

   

Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language).

         
 

104

   

Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101).


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: November 14, 2019

 

 

By:

 

/s/ Javier D. Ferrer

 

 

 

Javier D. Ferrer

 

 

 

Executive Vice President, Chief Legal Officer and Secretary