OFG Bancorp Increases Regular Cash Dividend for the Quarter Ending March 31, 2024, Payable on April 15, 2024
January 31, 2024 at 04:10 pm EST
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OFG Bancorp announced its Board of Directors increased the regular quarterly cash dividend by 13.6%, to $0.25 per common share from $0.22 per share, for the quarter ending March 31, 2024, as part of OFG?s capital actions this year. The dividend is payable April 15, 2024, to holders of record at March 28, 2024, with an ex-dividend date of March 27, 2024.
OFG Bancorp is a financial holding company. The Company is engaged in providing banking and financial services through its subsidiaries. The Company operates through three segments: Banking, Wealth Management and Treasury. The Company provides banking and financial services to its clients through a range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial service, and investment brokerage, and corporate and individual trust and retirement services. The Company provides these services through various subsidiaries, including a commercial bank, Oriental Bank; a securities broker-dealer, Oriental Financial Services Corp. (Oriental Financial Services); an insurance agency, Oriental Insurance, LLC (Oriental Insurance), and a retirement plan administrator, Oriental Pension Consultants, Inc. (OPC).