OFG Bancorp (OFG) Raises Quarterly Dividend 16.7% to $0.07; 1.6% Yield

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Go back to OFG Bancorp (OFG) Raises Quarterly Dividend 16.7% to $0.07; 1.6% Yield

OFG Bancorp Increases Quarterly Common Stock Cash Dividend by 17%

November 28, 2018 4:10 PM EST

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular cash dividend per common share by 16.7%, to $0.07 from $0.06, for the quarter ending December 31, 2018, resulting in a new annualized rate of $0.28 per share, up from $0.24.

The dividend increase reflects the Boards annual... More