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 third quarter ending September 30, 2016.

The dividend is payable on October 17, 2016, to holders of record on September 30, 2016 with an ex-dividend date of September 28, 2016.

“The declaration of a dividend on the common stock reflects the solid results in recent quarters while recognizing that despite some positive developments, there are still uncertainties regarding the Puerto Rico economy,” said José Rafael Fernández, President, Chief Executive Officer, and Vice Chairman of the Board.

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.

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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