OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend

Rhea-AI Summary

OFG Bancorp (NYSE: OFG) has declared a quarterly cash dividend of $0.15 per common share for the quarter ending June 30, 2022. This dividend will be payable on July 15, 2022 to shareholders on record as of June 30, 2022, with an ex-dividend date set for June 29, 2022. Operating for 58 years, OFG Bancorp is a diversified financial holding company primarily serving Puerto Rico and the U.S. Virgin Islands through its subsidiaries, which include Oriental Bank, Oriental Financial Services, and Oriental Insurance.

Positive

• Quarterly cash dividend declared at $0.15 per share.
• Dividend confidence reflects ongoing financial health.

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 $0.15 per common share for the quarter ending June 30, 2022. The dividend is payable July 15, 2022, to holders of record at June 30, 2022, with an ex-dividend date of June 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/20220427005681/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 June 2022?

OFG Bancorp declared a cash dividend of $0.15 per common share for the quarter ending June 30, 2022.

When is the dividend payable for OFG Bancorp?

The dividend is payable on July 15, 2022.

What is the ex-dividend date for OFG Bancorp's June 2022 dividend?

The ex-dividend date is June 29, 2022.

What financial services does OFG Bancorp provide?

OFG Bancorp offers a range of retail and commercial banking, lending, and wealth management services through its subsidiaries.

How long has OFG Bancorp been in business?

OFG Bancorp has been operating for 58 years.