Popular Lifts Dividend 20% to $0.90, Unveils $1B Buyback
BPOP sits 57% above its 52-week low of $108.74.
Summary
Popular, Inc. raised its quarterly dividend by 20% to $0.90 per share and authorized a new $1 billion stock buyback, replacing a fully utilized $500 million program. The move reflects strong excess capital and confidence in sustainable earnings.
Key Events · Financing and Capital Events · BPOP
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Dividend Increased 20%
Quarterly common stock dividend raised from $0.75 to $0.90 per share, starting Q4 2026, subject to board approval.
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$1 Billion Buyback Authorized
New common stock repurchase program of up to $1 billion replaces the fully utilized $500 million authorization from 2025.
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Strong Capital Deployment
Year-to-date repurchases total approximately $280 million; the new authorization represents about 9% of current market cap.
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Management Commentary
CEO Javier Ferrer cited significant excess capital, robust liquidity, and strong financial performance as enabling the capital return.
Analysis · BPOP · Finance
Popular, Inc. announced a 20% dividend increase to $0.90 per share and a new $1 billion share repurchase program, signaling strong capital confidence. The prior $500 million buyback was fully used, with $280 million repurchased this year alone. These actions return significant capital to shareholders and underscore management's view that the stock is undervalued, even near its 52-week high. The buyback represents roughly 9% of the current market cap, a substantial commitment that could support the stock price and boost earnings per share.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1052 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BPOP was trading at $171.11 on NASDAQ in the Finance sector, with a market capitalization of approximately $11.2B. The 52-week trading range was $108.74 to $174.79. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.