SAN JUAN, Puerto Rico--(BUSINESS WIRE)--
OFG Bancorp (NYSE:OFG) today announced that its Board of Directors
declared a regular quarterly cash dividend of $0.06 per share on its
common stock for the third quarter ending September 30, 2016.
The dividend is payable on October 17, 2016, to holders of record on
September 30, 2016 with an ex-dividend date of September 28, 2016.
“The declaration of a dividend on the common stock reflects the solid
results in recent quarters while recognizing that despite some positive
developments, there are still uncertainties regarding the Puerto Rico
economy,” said José Rafael Fernández, President, Chief Executive
Officer, and Vice Chairman of the Board.
About OFG Bancorp
Now in its 52nd year in business, OFG Bancorp is a
diversified financial holding company that operates under U.S. and
Puerto Rico banking laws and regulations. Its three principal
subsidiaries, Oriental Bank, Oriental Financial Services and Oriental
Insurance, provide a full range of commercial, consumer and mortgage
banking services, as well as financial planning, trust, insurance,
investment brokerage and investment banking services, primarily in
Puerto Rico, through 48 financial centers. Investor information can be
found at www.ofgbancorp.com.
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OFG Bancorp
Puerto Rico:
Alexandra López,
787-522-6970
allopez@orientalbank.com
or
US:
Steven
Anreder, 212-532-3232
sanreder@ofgbancorp.com
or
Gary
Fishman, 212-532-3232
gfishman@ofgbancorp.com
Source: OFG Bancorp