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OFG Ofg Bancorp dividend history, payout ratio & dates

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%.

Key dates

  • OFG last dividend date: Jun 29, 2022
  • OFG next dividend date: Not announced
OFG dividend stats
DPS
$0.54
Dividend yield
2.1%
Payout ratio
17.7%
vs. Financial Services sector
Dividend yield
2.72%
Payout ratio
29.2%

Dividend yield

What is Ofg Bancorp current dividend yield

OFG has a dividend yield of 2.1% which is lower than the Financial Services sector, the industry and its peers average.

Dividend history

What is OFG dividend payout history and dates

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%.

Recent dividends

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 Bancorp dividend payout ratio

What is Ofg Bancorp dividend payout ratio compared to the sector

Payout ratio

OFG has a payout ratio of 17.7% which is lower than the Financial Services sector, the industry and its peers average.

Total amount of dividends paid per financial year (from cash flow)

OFG dividend vs peer dividends

How does OFG dividend compare to its peers' dividends
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%