April 10 (Reuters) - Chairman of Spain’s Banco Popular :
* Says bank is in no position right now to pay dividends and is short of capital
* “If there was any doubt, the bank is in no position to pay dividends. The bank is short of capital,” Chairman Emilio Saracho told shareholders in Madrid.
* Earlier, Saracho said Popular was set to raise more capital and a merger was a possibility. Further company coverage: (Reporting By Madrid Newsroom)