OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend
November 18 2015 - 4:10PM
Business Wire
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 fourth quarter ending December
31, 2015. The dividend is payable on January 15, 2016, to holders
of record on December 31, 2015 with an ex-dividend date of January
13, 2016.
“The decision of the Board to reduce the quarterly dividend from
$0.10 per common share paid previously is in line with the normal
range of yields in the industry,” said José Rafael Fernández,
President, Chief Executive Officer, and Vice Chairman. “Our
regulatory capital ratios are significantly above requirements for
a well-capitalized institution. Our Board will continue to review
the quarterly cash dividend on an annual basis.”
About OFG Bancorp
Now in its 51st 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 51 financial centers and 332 ATMs. Investor
information can be found at www.ofgbancorp.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151118006533/en/
Puerto Rico:OFG BancorpAlexandra López,
787-522-6970allopez@ofgbancorp.comorUS:Anreder &
CompanySteven Anreder, 212-532-3232steven.anreder@anreder.comorGary
Fishman, 212-532-3232gary.fishman@anreder.com
OFG Bancorp (NYSE:OFG)
Historical Stock Chart
From Mar 2024 to Apr 2024
OFG Bancorp (NYSE:OFG)
Historical Stock Chart
From Apr 2023 to Apr 2024