OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend by 50%
OFG Bancorp (NYSE: OFG) has announced a 50% increase in its regular quarterly cash dividend, raising it from $0.08 to $0.12 per common share for the quarter ending September 30, 2021. This dividend is payable on October 15, 2021 to shareholders of record as of September 30, 2021, with an ex-dividend date of September 29, 2021.
OFG Bancorp, now in its 57th year, operates under U.S. and Puerto Rico banking regulations, offering a diverse range of financial products through its subsidiaries.
- Dividend increased by 50%, from $0.08 to $0.12 per share, indicating strong company performance and confidence.
- Positive cash flow supports increased dividends, benefiting shareholders.
- Regular dividend payments enhance investor appeal and market perception.
- None.
OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by
About OFG Bancorp
Now in its 57th 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.
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