OFG Bancorp (NYSE:OFG) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.06 per share on its common stock for the first quarter ending March 31, 2016.

The dividend is payable on April 15, 2016, to holders of record on March 31, 2016 with an ex-dividend date of March 29, 2016.

About OFG Bancorp

Now in its 52nd year in business, OFG Bancorp is a diversified financial holding company that operates under U.S. and Puerto Rico banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a full range of commercial, consumer and mortgage banking services, as well as financial planning, trust, insurance, investment brokerage and investment banking services, primarily in Puerto Rico, through 48 financial centers. Investor information can be found at www.ofgbancorp.com.

For OFG BancorpPuerto Rico:Alexandra López, 787-522-6970allopez@orientalbank.comorUS:Steven Anreder, 212-532-3232sanreder@ofgbancorp.comorGary Fishman, 212-532-3232gfishman@ofgbancorp.com

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