Popular, Inc. Raises Quarterly Dividend 20% to $0.90

Popular, Inc. increased its quarterly common-stock dividend to $0.90 per share from $0.75, a 20% raise. The shares traded ex-dividend on Sept. 10, 2026.

At the new quarterly rate, Popular’s annualized dividend is $3.60 per share. That equates to a forward annual yield of 2.18% at the stated share price of $163.96.

The increase extends the financial-services company’s dividend-growth streak to seven consecutive years. Popular previously cut its dividend in 2016, making the current run notable but shorter than the uninterrupted records maintained by long-established dividend-growth companies.

Part of a broader capital-return plan

Popular had previously presented the higher dividend as part of a broader set of capital actions that also included a new common-stock repurchase authorization. The company said share repurchases would depend on factors including market conditions, its capital position, liquidity, financial performance, strategic initiatives, taxes and regulatory considerations. That framing indicates the dividend decision formed part of Popular’s wider approach to deploying excess capital rather than a stand-alone action. Popular’s capital-actions announcement

The company’s published dividend history confirms that the new distribution followed quarterly payments at the previous $0.75 rate. Popular’s dividend history

Popular is a full-service financial-services provider operating in Puerto Rico, the U.S. mainland and the Virgin Islands. Its principal businesses include Banco Popular de Puerto Rico, which offers retail and commercial banking along with mortgage, leasing, insurance and investment services. The company describes itself as Puerto Rico’s largest banking institution by both assets and deposits. Popular investor relations overview

What it means for income investors

For shareholders, the increase lifts expected annual dividend income by $0.60 per share if the new rate is maintained for four quarters. Because Sept. 10 was the ex-dividend date, investors purchasing shares on or after that date are not entitled to the associated distribution.

SmarterDividends assigns Popular a dividend safety score of 79 out of 100, corresponding to a B grade. The score suggests comparatively solid dividend support, though neither the rating nor the seven-year growth streak guarantees future payments. Dividend decisions remain subject to board approval and can be affected by earnings, capital needs and banking regulation.