OFG Bancorp Declares Series D Preferred Stock Regular Quarterly Cash Dividend

October 29, 2020

SAN JUAN, Puerto Rico --(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) today announced that its Board of Directors declared a regular cash dividend of $0.4453125 per share on its 7.125% Non-Cumulative Perpetual Preferred Stock, Series D (CUSIP: 67103X409), for the quarter ending December 31, 2020 . The dividend is payable January 15, 2021 , to holders of record at December 31, 2020 . The ex-dividend date is December 30, 2020 .

About OFG Bancorp

Now in its 56 th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S. , Puerto Rico and U.S. Virgin Islands banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance , provide a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and U.S. Virgin Islands . Visit us at www.ofgbancorp.com.

Puerto Rico & USVI: Idalis Montalvo ( idalis.montalvo@orientalbank.com ) at (787) 777-2847

US: Gary Fishman ( gfishman@ofgbancorp.com ) and Steven Anreder ( sanreder@ofgbancorp.com ) at (212) 532-3232

Source: OFG Bancorp