04:55 PM EDT, 07/16/2025 (MT Newswires) -- Popular (BPOP) said Wednesday it's increasing its quarterly dividend to $0.75 from $0.70 per share, starting with the dividend payable in Q4, subject to the approval of the board.

The company also said it's launching a new share buyback program of up to $500 million, in addition to the $500 million program announced in July 2024.

As of July 15, $32.8 million were available for share repurchases under the 2024 program, the company said.

Popular shares were rising nearly 2% in recent after-hours activity.