OFG Bancorp. Plans Quarterly Dividend of $0.08 (OFG)
OFG Bancorp. (NYSE:OFG) announced a quarterly dividend on Wednesday, August 27th, Analyst RN reports. Stockholders of record on Tuesday, September 30th will be paid a dividend of 0.08 per share on Wednesday, October 15th. This represents a $0.32 annualized dividend and a dividend yield of 2.01%.
Shares of OFG Bancorp. (NYSE:OFG) traded down 0.75% on Wednesday, hitting $15.79. 119,425 shares of the company’s stock traded hands. OFG Bancorp. has a 52 week low of $14.05 and a 52 week high of $19.10. The stock has a 50-day moving average of $16.48 and a 200-day moving average of $17.03. The company has a market cap of $711.5 million and a P/E ratio of 10.74.
OFG Bancorp. (NYSE:OFG) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $0.38 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.38. During the same quarter in the prior year, the company posted $0.68 earnings per share. On average, analysts predict that OFG Bancorp. will post $1.58 earnings per share for the current fiscal year.
OFG Bancorp, formerly Oriental Financial Group Inc is a diversified financial holding company. The Company’s three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provides a 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 64 financial centers.
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