OFG Ofg Bancorp dividend history, payout ratio & dates
Ofg Bancorp's latest dividend of $0.25 per share was on Dec 31, 2024 (ex-date). The annualized dividend distribution of $1 per share represents a current dividend yield of 2.24%.
Key dates
- OFG last dividend date: Dec 31, 2024
OFG dividend stats
vs. Financial Services sector
Dividend yield
OFG has a dividend yield of 2.24% 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 2.82%, Ofg Bancorp's dividend yield is 21% lower. The current dividend yield is in line with the historical average of 2.2% of the last 5 years.
Dividend history
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 14% since twelve months ago. But with the price of the stock up by 26% from a year ago, the dividend yield has a decrease of 10%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Dec 31, 2024 | $0.25 | 2.36% |
| Sep 30, 2024 | $0.25 | 2.16% |
| 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 Bancorp dividend payout ratio
Payout ratio
OFG has a payout ratio of 24.1% 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 45.5%, Ofg Bancorp's payout ratio is 47% lower.
Total amount of dividends paid per financial year (from cash flow)
OFG dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BOH Bank Of Hawaii Corp | 4.9% | $3.5 | 104.8% |
| USB Us Bancorp | 4.01% | $1.98 | 60.7% |
| FBP First Bancorp | 3.25% | $0.64 | 35.2% |
| CFR Cullen/Frost Bankers Inc | 2.62% | $3.74 | 46.4% |
| BPOP Popular Inc | 2.54% | $2.56 | 34.7% |
| RNST Renasant Corp | 2.39% | $0.88 | 28.7% |
| OFG Ofg Bancorp | 2.24% | $1 | 24.1% |
| BOKF Bok Financial Corp | 1.94% | $2.22 | 30.5% |
| WFC Wells Fargo & Company | 1.93% | $1.5 | 30.7% |
Frequently asked questions
Does Ofg Bancorp pay a dividend?
Yes, Ofg Bancorp has paid four dividends in the last twelve months. OFG has been paying dividends since 1997.
When was OFG's last dividend?
Ofg Bancorp's last regular dividend was on Dec 31, 2024 (ex-date) with the amount of $0.25 per share.
How much dividend does Ofg Bancorp pay (per share)?
On an annual basis OFG pays $1 per share.
What is Ofg Bancorp's dividend yield?
Ofg Bancorp's current dividend yield is 2.24%.
How often does Ofg Bancorp pay dividends?
Ofg Bancorp pays four dividends per year.
What is Ofg Bancorp's dividend payout ratio?
The dividend payout ratio of Ofg Bancorp is 24.1%.
Does Ofg Bancorp pay a good dividend?
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.