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OFG Bancorp Stock Dividends Overview

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

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.84%
Frequency Quarterly
1Y Growth 13.64%
Payout Ratio 0
Amount Per Share $0.250
Next Ex-Dividend Date Jun 28, 2024
Next Payment Date Jul 15, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from OFG the purchase should be done within the next 43 days.
Here's a simple guide on how to buy OFG stock.

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.


# Declaration Date Ex-Date Pay Date Amount Yield
131 Dec 24, 1987 Dec 24, 1987 Jan 21, 1988 $0.0048 0.571%
132 Sep 24, 1987 Sep 24, 1987 Oct 21, 1987 $0.0048 0.667%

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

Low (46.59%)

Growth potential

Stable (4.39%)

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 (1.84%). 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 (11.05%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of OFG's dividend payments?
The amount of OFG's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in OFG sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from OFG stock be automatically reinvested?
If OFG offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy OFG stock.

How often does OFG pay dividend?
OFG Bancorp (OFG) pays dividends quarterly. The most recent payout was on Apr 15, 2024. The upcoming dividend Ex Date is Jun 28, 2024, with an amount of $0.250.

How much does OFG pays per share?
The last recorder (Mar 27, 2024) dividend per share was $0.250.

What is OFG dividend growth rate?
Over the last year, OFG Bancorp has witnessed growth rate of 13.64% . Looking back over the past 3 years, this growth rate has been 46.20%. Furthermore, examining the past 5 years, OFG Bancorp has maintained an average Dividends Per Share Growth Rate of 28.99%.
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About OFG Bancorp

OFG Ban OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage lending services; financial planning and insurance services; and corporate and individual trust, and retirement services. It also provides securities bro... OFG Profile

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