Boosting shareholder returns with increased dividend payout

  • Popular Inc. raises quarterly dividend by nearly 13%
  • New dividend payout is 62 cents per share
  • Annual yield of about 3.41%
  • Dividend payable on Jan. 2 to shareholders of record Dec. 7

Popular Inc.’s board has approved a significant increase in the bank holding company’s quarterly dividend. The new dividend payout will be 62 cents per share, up from 55 cents, representing a nearly 13% increase. This translates to an annual yield of about 3.41%, providing shareholders with enhanced returns. The increased dividend will be payable on January 2nd to shareholders of record as of December 7th.

Factuality Level: 10
Factuality Justification: The article provides factual information about Popular Inc.’s board raising the bank holding company’s quarterly dividend by nearly 13% and the new payout details. It also includes the dates of the dividend payment and record for shareholders. There are no digressions, misleading information, sensationalism, redundancy, opinion masquerading as fact, or bias in the article. The information is presented objectively and accurately.
Noise Level: 8
Noise Justification: The article provides straightforward information about Popular Inc.’s board raising the bank holding company’s quarterly dividend. However, it lacks analysis, evidence, and actionable insights. It stays on topic and does not dive into unrelated territories, but it also does not hold powerful people accountable or explore the consequences of the decision on those who bear the risks. Overall, the article contains mostly factual information without much depth or critical analysis.
Financial Relevance: Yes
Financial Markets Impacted: Popular Inc.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to a financial topic as it discusses Popular Inc.’s board raising the bank holding company’s quarterly dividend. There is no mention of an extreme event in the article.
Public Companies: Popular Inc. (N/A)
Key People:

Reported publicly: www.marketwatch.com