OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend

Rhea-AI Summary

OFG Bancorp (NYSE: OFG) declared a regular quarterly cash dividend of $0.25 per common share for the quarter ending June 30, 2024. The dividend will be payable on July 15, 2024, to shareholders of record on June 28, 2024, with an ex-dividend date of June 28, 2024.

Positive

• Regular cash dividend indicates stability and commitment to shareholders.

Negative

• None.

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.25 per common share for the quarter ending June 30, 2024. The dividend is payable July 15, 2024, to holders of record at June 28, 2024, with an ex-dividend date of June 28, 2024.

About OFG Bancorp

Now in its 60^th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a wide range of retail and commercial banking, lending and wealth management products, services, and technology, primarily in Puerto Rico and U.S. Virgin Islands. Visit us at www.ofgbancorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240508094924/en/

Puerto Rico & USVI: Idalis Montalvo (idalis.montalvo@orientalbank.com) at (787) 777-2847

US: Gary Fishman (gfishman@ofgbancorp.com) and Steven Anreder (sanreder@ofgbancorp.com) at (212) 532-3232

Source: OFG Bancorp

FAQ

What is the stock symbol of OFG Bancorp mentioned in the press release?

The stock symbol of OFG Bancorp is NYSE: OFG.

What is the amount of the regular quarterly cash dividend declared per common share?

The regular quarterly cash dividend declared is $0.25 per common share.

When is the dividend payable to shareholders?

The dividend is payable on July 15, 2024.

When is the ex-dividend date for this dividend?

The ex-dividend date is June 28, 2024.