OFG Bancorp (OFG) Dividend Details and dates on New York Stock Exchange

OFG Bancorp Dividend Stock Review

New York Stock Exchange

OFG Bancorp (OFG) Dividend Details and dates on New York Stock Exchange

OFG Bancorp OFG Bancorp operates as a holding company, which engages in the provision of banking and financial services. It operates through the following segments: Banking, Wealth Management, and Treasury. The Banking segment includes its branches and traditional banking products such as deposits and commercial, consumer and mortgage loans. The Wealth Management segment involves in financial planning, money management and investment banking, brokerage services, insurance sales activity, corporate and individual trust and retirement services, and retirement plan administration services. The Treasury segment encompasses all its asset and liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company was founded in 1964 and is headquartered in San Juan, Puerto Rico.
Sector: Finance Major Banks

Dividend income advisory for OFG
Dividend Yield for OFG
The expected yield for OFG is 1.29 %, which can be considered at the lower side, after taxation the dividend will return barely more than inflation.

How is OFG priced
OFG has a trailing price to earnings ratio (P/E) of 11.8. The ratio is determined by the performance in the last 12 months. The P/E ratio seems very good, however we should verify if there are no exceptional reasons for OFG Bancorp to record this P/E ratio.

Debt to equity of OFG
With the Debt To Equity rate of OFG (0.57) we can conclude that OFG Bancorp does not seem to have more liabilities than equity provided by the shareholders. A lower D/E ratio stands for a less risky investment.

Price Prediction for OFG
On average analists predict that OFG will be correctly priced after a 12%. change. We can expect some long term capital gains.

Upcoming Dividends for OFG
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-04-24 2019-06-27 2019-07-15 2019-06-28 0.07 USD Quarterly


Dividends in past 12 months OFG
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-02-27 2019-03-28 2019-04-15 2019-03-29 0.07 USD Quarterly
2018-11-28 2018-12-28 2019-01-15 2018-12-31 0.07 USD Quarterly
2018-08-22 2018-09-27 2018-10-15 2018-09-28 0.06 USD Quarterly
2018-05-23 2018-06-28 2018-07-16 2018-06-29 0.06 USD Quarterly


Historical Dividends & Cap Growth for OFG
Past 5 Year Capital Gains 16.47 %
Dividend yield 8.89 %
Growth including dividends 25.36%
Latest news for OFG

2019-05-11 The Top Yields In Non-Cumulative Preferred Stocks No summary available.
Original Article @ Seeking Alpha

2019-05-02 3 Reasons Growth Investors Will Love OFG (OFG) OFG (OFG) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Original Article @ Zacks Investment Research

2019-04-24 OFG Bancorp declares $0.07 dividend No summary available.
Original Article @ Seeking Alpha

2019-04-18 OFG Bancorp (OFG) CEO Jose Rafael Fernandez on Q1 2019 Results - Earnings Call Transcript OFG Bancorp (NYSE:OFG) Q1 2019 Earnings Conference Call April 18, 2019 10:00 AM ET Company Participants Jose Rafael Fernandez - President, Chief Executive Offic
Original Article @ Seeking Alpha

2019-04-18 OFG Bancorp (OFG) Q1 2019 Earnings Call Transcript OFG earnings call for the period ending March 31, 2019.
Original Article @ The Motley Fool

2019-04-18 OFG Bancorp 2019 Q1 - Results - Earnings Call Slides No summary available.
Original Article @ Seeking Alpha

2019-04-18 OFG Bancorp beats by $0.03, beats on revenue No summary available.
Original Article @ Seeking Alpha

2019-04-10 Cash Dividend On The Way From OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A On 4 12 19 OFG Bancorp s 7 125 Non cumulative Monthly Income Preferred Stock Series A Symbol OFG PRA will trade ex dividend for its monthly dividend of 0 1484 payable on 4 30 19 As a percentage of OFG PRA s recent share price of 25 30 this dividend works out to approximately 0 59
Original Article @ Nasdaq

2019-03-29 Noteworthy Friday Option Activity: OFG, STZ, TIF Looking at options trading activity among components of the Russell 3000 index there is noteworthy activity today in OFG Bancorp Symbol OFG where a total volume of 1 584 contracts has been traded thus far today a contract volume which is representative of approximately 158 400
Original Article @ Nasdaq

2019-02-27 OFG Bancorp Non-Cum Perp Pfd Shs Series D declares $0.4453 dividend No summary available.
Original Article @ Seeking Alpha

Dividend Stats For OFG

  • Current Dividend Yield 1.29%
  • Past Year Payout: 0.26 USD
  • Next Ex Dividend 2019-06-27
  • Next Payment: 0.07 USD
  • Our score 70 %

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