OFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Aug 22, 2018--OFG Bancorp (NYSE: OFG) today announced that its Board of Directors declared the following regular quarterly cash dividends on its preferred stock for the quarter ending September 30, 2018:$21.875 per share on its 8.750% Non-Cumulative Convertible Perpetual Preferred Stock, Series C (CUSIP: 67103X706). This is the final dividend for Series C before its conversion to common stock effective October 22, 2018, as previously announced. $0.4453125 per share on its 7.125% Non-Cumulative Perpetual Preferred Stock, Series D (CUSIP: 67103X409)
Preferred stock dividends are payable October 15, 2018, to holders of record September 28, 2018, with an ex-dividend date of September 27, 2018.
About OFG Bancorp
Now in its 54 th 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 wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico. Investor information can be found at www.ofgbancorp.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180822005633/en/
CONTACT: For OFG Bancorp
Idalis Montalvo, 787-777-2847
Gary Fishman, 212-532-3232
Steven Anreder, 212-532-3232
KEYWORD: CARIBBEAN PUERTO RICO
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: OFG Bancorp
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PUB: 08/22/2018 04:12 PM/DISC: 08/22/2018 04:12 PM