OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend

Rhea-AI Summary

OFG Bancorp (NYSE: OFG) has declared a quarterly cash dividend of $0.20 per common share for Q4 2022. This dividend is payable on January 17, 2023 to shareholders on record as of December 30, 2022, with an ex-dividend date set for December 29, 2022. The announcement reflects the company's commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.20 per share reflects stable income for shareholders.
• Dividend payment date of January 17, 2023, encourages investor confidence.

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 $0.20 per common share for the quarter ending December 31, 2022. The dividend is payable January 17, 2023, to holders of record at December 30, 2022, with an ex-dividend date of December 29, 2022.

About OFG Bancorp

Now in its 58^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/20221027005766/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 dividend amount declared by OFG Bancorp for Q4 2022?

OFG Bancorp has declared a dividend amount of $0.20 per common share for Q4 2022.

When is the ex-dividend date for OFG Bancorp's dividend?

The ex-dividend date for OFG Bancorp's dividend is December 29, 2022.

What is the payment date for OFG Bancorp's declared dividend?

The payment date for the declared dividend is January 17, 2023.

Who is eligible to receive the dividend from OFG Bancorp?

Shareholders of record as of December 30, 2022, are eligible to receive the dividend.