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OFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- 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 December 31, 2017:

  • $21.875 per share on its 8.750% Non-Cumulative Convertible Perpetual Preferred Stock, Series C (CUSIP: 67103X706)
  • $0.4453125 per share on its 7.125% Non-Cumulative Perpetual Preferred Stock, Series D (CUSIP: 67103X409)

Preferred stock dividends are payable January 16, 2018, to holders of record December 29, 2017, with an ex-dividend date of December 28, 2017.

About OFG Bancorp

Now in its 53rd 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, through 48 financial centers. Investor information can be found at www.ofgbancorp.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171129006162/en/

Puerto Rico:
Idalis Montalvo, 787-777-2847
idalis.montalvo@orientalbank.com
or
US:
Gary Fishman, 212-532-3232
gfishman@ofgbancorp.com
and
Steven Anreder, 212-532-3232
sanreder@ofgbancorp.com

Source: OFG Bancorp