Ofg Bancorp's latest quarterly dividend of $0.15 per share was on Jun 29, 2022 (ex-date). The annualized dividend distribution of $0.54 per share represents a current dividend yield of 2.1%.
OFG has a dividend yield of 2.1% which is lower than the Financial Services sector, the industry and its peers average.
Ofg Bancorp has a history of paying dividends since 2001. 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 80% since twelve months ago. And with the price of the stock up by 15% from a year ago, the dividend yield marks an increase of 56%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 29, 2022 | Jul 15, 2022 | Apr 27, 2022 | $0.15 | normal |
| Mar 30, 2022 | Apr 18, 2022 | Jan 26, 2022 | $0.15 | normal |
| Dec 30, 2021 | Jan 18, 2022 | Oct 29, 2021 | $0.12 | normal |
| Sep 29, 2021 | Oct 15, 2021 | Jul 28, 2021 | $0.12 | normal |
| Jun 29, 2021 | Jul 15, 2021 | Apr 28, 2021 | $0.08 | normal |
| Mar 30, 2021 | Apr 15, 2021 | Jan 27, 2021 | $0.08 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Oct 29, 2020 | $0.07 | normal |
| Sep 29, 2020 | Oct 15, 2020 | Jul 29, 2020 | $0.07 | normal |
| Jun 29, 2020 | Jul 15, 2020 | Apr 22, 2020 | $0.07 | normal |
| Mar 30, 2020 | Apr 15, 2020 | Jan 27, 2020 | $0.07 | normal |
| Dec 30, 2019 | Jan 15, 2020 | Oct 24, 2019 | $0.07 | normal |
| Sep 27, 2019 | Oct 15, 2019 | Jul 23, 2019 | $0.07 | normal |
| Jun 27, 2019 | Jul 15, 2019 | Apr 24, 2019 | $0.07 | normal |
| Mar 28, 2019 | Apr 15, 2019 | Feb 27, 2019 | $0.07 | normal |
| Dec 28, 2018 | Jan 15, 2019 | Nov 28, 2018 | $0.07 | normal |
| Sep 27, 2018 | Oct 15, 2018 | Aug 22, 2018 | $0.06 | normal |
| Jun 28, 2018 | Jul 16, 2018 | May 23, 2018 | $0.06 | normal |
| Mar 28, 2018 | Apr 16, 2018 | Feb 28, 2018 | $0.06 | normal |
| Dec 28, 2017 | Jan 16, 2018 | Nov 29, 2017 | $0.06 | normal |
| Sep 28, 2017 | Oct 16, 2017 | Aug 23, 2017 | $0.06 | normal |
| Jun 28, 2017 | Jul 17, 2017 | May 24, 2017 | $0.06 | normal |
| Mar 29, 2017 | Apr 17, 2017 | Feb 23, 2017 | $0.06 | normal |
| Dec 28, 2016 | Jan 17, 2017 | Nov 30, 2016 | $0.06 | normal |
| Sep 28, 2016 | Oct 17, 2016 | Aug 24, 2016 | $0.06 | normal |
| Jun 28, 2016 | Jul 15, 2016 | $0.06 | normal |
OFG has a payout ratio of 17.7% which is lower than the Financial Services sector, the industry and its peers average.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| USB Us Bancorp | 3.95% | $1.84 | 39.6% |
| BOH Bank Of Hawaii Corp | 3.69% | $2.8 | 45.8% |
| RNST Renasant Corp | 2.97% | $0.88 | 32.6% |
| FBP First Bancorp | 2.94% | $0.39 | 26.7% |
| BOKF Bok Financial Corp | 2.75% | $2.11 | 27.2% |
| BPOP Popular Inc | 2.55% | $2 | 18.1% |
| CFR Cullen/Frost Bankers Inc | 2.54% | $3 | 46% |
| WFC Wells Fargo & Company | 2.25% | $0.9 | 18.6% |
| OFG Ofg Bancorp | 2.1% | $0.54 | 17.7% |