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OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend to $0.30

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OFG Bancorp (NYSE: OFG) has announced a 20% increase in its regular quarterly cash dividend to $0.30 per common share, up from the previous $0.25 per share. The increased dividend is for the quarter ending March 31, 2025, and will be payable on April 15, 2025, to shareholders of record as of March 31, 2025. This dividend increase is part of OFG's capital actions for the year.

OFG Bancorp (NYSE: OFG) ha annunciato un aumento del 20% del suo dividendo in contante trimestrale regolare a $0,30 per azione ordinaria, rispetto ai precedenti $0,25 per azione. L'aumento del dividendo si applica al trimestre che termina il 31 marzo 2025 e sarà pagabile il 15 aprile 2025, agli azionisti registrati al 31 marzo 2025. Questo aumento del dividendo è parte delle azioni di capitale di OFG per l'anno.

OFG Bancorp (NYSE: OFG) ha anunciado un aumento del 20% en su dividendo en efectivo trimestral regular a $0.30 por acción ordinaria, subiendo desde el anterior $0.25 por acción. El dividendo incrementado es para el trimestre que termina el 31 de marzo de 2025 y se pagará el 15 de abril de 2025 a los accionistas registrados a partir del 31 de marzo de 2025. Este aumento del dividendo forma parte de las acciones de capital de OFG para el año.

OFG Bancorp (NYSE: OFG)는 정기 분기 현금 배당금을 20% 인상하여 주당 $0.30으로 조정했다고 발표했습니다. 이는 이전의 $0.25에서 증가한 것입니다. 인상된 배당금은 2025년 3월 31일 종료되는 분기에 적용되며, 2025년 4월 15일에 배당금이 지급될 예정입니다. 지급 받는 주주들은 2025년 3월 31일 기준으로 등록된 주주들입니다. 이번 배당금 인상은 OFG의 연간 자본 조치의 일환입니다.

OFG Bancorp (NYSE: OFG) a annoncé une augmentation de 20% de son dividende trimestriel en espèces régulier à 0,30 $ par action ordinaire, contre 0,25 $ précédemment. Le dividende augmenté concerne le trimestre se terminant le 31 mars 2025 et sera payable le 15 avril 2025 aux actionnaires inscrits au 31 mars 2025. Cette augmentation de dividende fait partie des actions de capital d'OFG pour l'année.

OFG Bancorp (NYSE: OFG) hat eine Erhöhung um 20% seiner regulären vierteljährlichen Barauszahlung auf 0,30 $ pro Stammaktie angekündigt, im Vergleich zu den vorherigen 0,25 $ pro Aktie. Die erhöhte Dividende gilt für das Quartal, das am 31. März 2025 endet, und wird am 15. April 2025 an die zum 31. März 2025 eingetragenen Aktionäre ausgezahlt. Diese Dividendensteigerung ist Teil von OFGs Kapitalmaßnahmen für das Jahr.

Positive
  • 20% increase in quarterly dividend from $0.25 to $0.30 per share
  • Demonstrates company's strong financial position and commitment to shareholder returns
  • Indicates management's confidence in future cash flow generation
Negative
  • None.

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 20% to $0.30 per common share from $0.25 per share, for the quarter ending March 31, 2025, as part of OFG’s capital actions this year. The dividend is payable April 15, 2025, to holders of record at March 31, 2025.

About OFG Bancorp

Now in its 61st 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. Our mission is to make progress possible for our customers, employees, shareholders, and the communities we serve. Visit us at www.ofgbancorp.com.

Puerto Rico & USVI: Lumarie Vega López (lumarie.vega@orientalbank.com) and Victoria Maldonado Rodríguez (victoria.maldonado@orientalbank.com) at (787) 771-6800

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

Source: OFG Bancorp

FAQ

What is OFG Bancorp's new quarterly dividend amount for Q1 2025?

OFG Bancorp's new quarterly dividend is $0.30 per common share, increased from $0.25.

When will OFG Bancorp pay its increased dividend for Q1 2025?

The increased dividend will be paid on April 15, 2025, to shareholders of record as of March 31, 2025.

By what percentage did OFG Bancorp increase its quarterly dividend in 2025?

OFG Bancorp increased its quarterly dividend by 20%, from $0.25 to $0.30 per common share.

What is the record date for OFG Bancorp's Q1 2025 dividend?

The record date for OFG Bancorp's Q1 2025 dividend is March 31, 2025.

How much will shareholders receive annually with OFG's new dividend rate?

Based on the new quarterly dividend of $0.30 per share, shareholders will receive $1.20 per share annually.

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