Ofg Bancorp's latest dividend of $0.25 per share was on Jun 28, 2024 (ex-date). The annualized dividend distribution of $0.94 per share represents a current dividend yield of 2.12%.
OFG has a dividend yield of 2.12% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.89%, Ofg Bancorp's dividend yield is 27% lower. The current dividend yield is in line with the historical average of 2.1% of the last 5 years.
Ofg Bancorp has a history of paying dividends since 1997. Our records of OFG show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 12% since twelve months ago. But with the price of the stock up by 50% from a year ago, the dividend yield has a decrease of 25%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Jun 28, 2024 | $0.25 | 2.51% |
Mar 27, 2024 | $0.25 | 2.5% |
Dec 28, 2023 | $0.22 | 2.33% |
Sep 28, 2023 | $0.22 | 2.87% |
Jun 29, 2023 | $0.22 | 3.2% |
Mar 30, 2023 | $0.22 | 3.16% |
Dec 29, 2022 | $0.2 | 2.53% |
Sep 29, 2022 | $0.2 | 2.47% |
Jun 29, 2022 | $0.15 | 2.12% |
Mar 30, 2022 | $0.15 | 1.76% |
Dec 30, 2021 | $0.12 | 1.49% |
Sep 29, 2021 | $0.12 | 1.36% |
Jun 29, 2021 | $0.08 | 1.35% |
Mar 30, 2021 | $0.08 | 1.3% |
Dec 30, 2020 | $0.07 | 1.55% |
Sep 29, 2020 | $0.07 | 2.25% |
Jun 29, 2020 | $0.07 | 2.15% |
Mar 30, 2020 | $0.07 | 2.46% |
Dec 30, 2019 | $0.07 | 1.19% |
Sep 27, 2019 | $0.07 | 1.26% |
Jun 27, 2019 | $0.07 | 1.14% |
Mar 28, 2019 | $0.07 | 1.33% |
Dec 28, 2018 | $0.07 | 1.55% |
Sep 27, 2018 | $0.06 | 1.49% |
Jun 28, 2018 | $0.06 | 1.7% |
Mar 28, 2018 | $0.06 | 2.24% |
Dec 28, 2017 | $0.06 | 2.62% |
Sep 28, 2017 | $0.06 | 2.65% |
Jun 28, 2017 | $0.06 | 2.41% |
Mar 29, 2017 | $0.06 | 2.13% |
Dec 28, 2016 | $0.06 | 1.78% |
Sep 28, 2016 | $0.06 | 2.37% |
Jun 28, 2016 | $0.06 | 3.53% |
Mar 29, 2016 | $0.06 | 4.56% |
Dec 29, 2015 | $0.06 | 4.63% |
Sep 28, 2015 | $0.1 | 4.46% |
Jun 26, 2015 | $0.1 | 2.7% |
Mar 27, 2015 | $0.1 | 2.18% |
OFG has a payout ratio of 23% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 43.4%, Ofg Bancorp's payout ratio is 47% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
USB Us Bancorp | 4.35% | $1.95 | 62.1% |
BOH Bank Of Hawaii Corp | 4.34% | $2.8 | 78.4% |
FBP First Bancorp | 3.05% | $0.62 | 33.7% |
RNST Renasant Corp | 2.66% | $0.88 | 33.3% |
WFC Wells Fargo & Company | 2.66% | $1.45 | 29.4% |
CFR Cullen/Frost Bankers Inc | 2.53% | $2.79 | 34% |
BPOP Popular Inc | 2.51% | $2.48 | 34.9% |
OFG Ofg Bancorp | 2.14% | $0.94 | 23% |
BOKF Bok Financial Corp | 2.11% | $2.2 | 30.8% |
Yes, Ofg Bancorp has paid four dividends in the last twelve months. OFG has been paying dividends since 1997.
Ofg Bancorp's last regular dividend was on Jun 28, 2024 (ex-date) with the amount of $0.25 per share.
On an annual basis OFG pays $0.94 per share.
Ofg Bancorp's current dividend yield is 2.12%.
Ofg Bancorp pays four dividends per year.
The dividend payout ratio of Ofg Bancorp is 23%.
Ofg Bancorp's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.