OFG Bancorp Dividend
Dividend criteria checks 3/6
OFG Bancorp is a dividend paying company with a current yield of 2.25% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
2.3%
Dividend yield
23%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 15 Oct 24 |
| Ex dividend date | 30 Sep 24 |
| Dividend per share | US$1.000 |
| Earnings per share | US$4.13 |
| Dividend yield forecast | 2.2% |
Recent dividend updates
OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25
Mar 01
OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25
Feb 04Recent updates
Should You Be Adding OFG Bancorp (NYSE:OFG) To Your Watchlist Today?
Jul 03OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25
Mar 01OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25
Feb 04If EPS Growth Is Important To You, OFG Bancorp (NYSE:OFG) Presents An Opportunity
Jan 04OFG Bancorp: Downgrading To Hold After Price Rally, Expecting Earnings To Be Stable
Dec 28OFG Bancorp: Recovered Well From The Banking Crisis, But Nothing To See Here
Sep 23OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.22
Aug 29OFG Bancorp (NYSE:OFG) Is Paying Out A Larger Dividend Than Last Year
Aug 14OFG Bancorp's (NYSE:OFG) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 30OFG Bancorp's (NYSE:OFG) Upcoming Dividend Will Be Larger Than Last Year's
May 25OFG Bancorp's (NYSE:OFG) Upcoming Dividend Will Be Larger Than Last Year's
May 05Do OFG Bancorp's (NYSE:OFG) Earnings Warrant Your Attention?
May 04OFG Bancorp (NYSE:OFG) Will Pay A Larger Dividend Than Last Year At $0.22
Jan 29OFG Bancorp raises dividend by 10% to $0.22
Jan 25Should You Be Adding OFG Bancorp (NYSE:OFG) To Your Watchlist Today?
Jan 19OFG Bancorp declares $0.20 dividend
Oct 28OFG Bancorp GAAP EPS of $0.87 beats by $0.02, revenue of $156.8M beats by $1.86M
Oct 20OFG Bancorp: Puerto Rico's Rapid Economic Recovery To Drive Earnings
Sep 18OFG Bancorp (NYSE:OFG) Is Paying Out A Larger Dividend Than Last Year
Aug 09OFG Bancorp raises dividend by 33% to $0.20
Jul 27OFG Bancorp GAAP EPS of $0.84 beats by $0.11, revenue of $146.3M beats by $3.35M
Jul 21Does OFG Bancorp (NYSE:OFG) Deserve A Spot On Your Watchlist?
Jul 20OFG Bancorp: Strong Net Interest Income Growth On The Cards
Jul 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OFG's dividend payments have been volatile in the past 10 years.
Growing Dividend: OFG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| OFG Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OFG) | 2.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.9% |
| Analyst forecast (OFG) (up to 3 years) | 2.2% |
Notable Dividend: OFG's dividend (2.25%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: OFG's dividend (2.25%) is low compared to the top 25% of dividend payers in the US market (4.31%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (23%), OFG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.