Popular Dividends and Buybacks
Dividend criteria checks 3/6
Popular is a dividend paying company with a current yield of 3.05% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 6th December, 2024.
Key information
3.1%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 4.6% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 06 Dec 24 |
| Dividend per share | US$2.800 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Popular (NASDAQ:BPOP) Has Announced That It Will Be Increasing Its Dividend To $0.70
Dec 02
Popular: Maintaining A Cautious Stance
Sep 30Popular Is At Risk Of Becoming Too Popular
May 28Popular: Downgrading To Hold, Top-Line Growth To Boost Earnings
Feb 28Popular enters into $231M accelerated share repurchase agreement
Aug 25Popular declares $0.55 dividend
Aug 17Evertec stock dips on secondary stock offering priced at $32.00
Aug 11Popular: Attractively Valued But Earnings Likely To Dip
Aug 04Popular Q2 2022 Earnings Preview
Jul 27Popular declares $0.1328 dividend on preferred stock
Jul 01Popular Inc. Is Attractively Valued And Situated In A Steadily Improving Local Environment
May 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BPOP has been paying a dividend for less than 10 years.
Growing Dividend: BPOP's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Popular Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BPOP) | 3.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (BPOP) (up to 3 years) | 3.3% |
Notable Dividend: BPOP's dividend (3.05%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: BPOP's dividend (3.05%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.7%), BPOP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BPOP's dividends in 3 years are forecast to be well covered by earnings (26.3% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Popular, Inc. is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jared Shaw | Barclays |
| Brandon Berman | BofA Global Research |
| Joseph Gladue | B. Riley Securities, Inc. |