OFG Bancorp Stock Dividends
OFG pays dividends quarterly. Last paid amount was $0.250 at Apr 15, 2024. As of today, dividend yield (TTM) is 2.84%.
Dividend Yield Range
AI Analysis of OFG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.84% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 13.64% |
| Payout Ratio | 0 |
| Amount Per Share | $0.250 |
|
OFG Bancorp has not yet announced its next dividend date. Last payment date was: Apr 15, 2024.
|
|
OFG Dividend Payout History
To ensure a understanding of OFG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 31, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.250 | 0.734% |
| 2 | Oct 25, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.220 | 0.629% |
| 3 | Jul 26, 2023 | Sep 28, 2023 | Oct 16, 2023 | $0.220 | 0.720% |
| 4 | Apr 26, 2023 | Jun 29, 2023 | Jul 17, 2023 | $0.220 | 0.762% |
| 5 | Jan 25, 2023 | Mar 30, 2023 | Apr 17, 2023 | $0.220 | 0.90% |
| 6 | Oct 28, 2022 | Dec 29, 2022 | Jan 17, 2023 | $0.200 | 0.715% |
| 7 | Jul 27, 2022 | Sep 29, 2022 | Oct 17, 2022 | $0.200 | 0.730% |
| 8 | Apr 27, 2022 | Jun 29, 2022 | Jul 15, 2022 | $0.150 | 0.581% |
| 9 | Jan 26, 2022 | Mar 30, 2022 | Apr 18, 2022 | $0.150 | 0.577% |
| 10 | Oct 29, 2021 | Dec 30, 2021 | Jan 18, 2022 | $0.120 | 0.397% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
OFG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from OFG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in OFG stock here.
Comparing OFG to Sector and Country
OFG pays a solid dividend yield of 2.84%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). OFG’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.08%), which means that there are more attractive dividend stocks to consider.
