OFG Bancorp

OFG Bancorpverified

OFG

Price:

$44.055

Market Cap:

$2.05B

OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage lending services; financial planning and insurance services; and corporate and individual trust, and retirement services. It also provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund a...[Read more]

Industry

Banks - Regional

IPO Date

1987-03-26

Stock Exchange

NYSE

Ticker

OFG

The Dividend Yield as of September 2024 (TTM) for OFG Bancorp (OFG) is 1.63%

According to OFG Bancorp’s latest financial reports and current stock price. The company's current Dividend Yield is 1.63%. This represents a change of 149.96% compared to the average of 0.65% of the last 4 quarters.

OFG Bancorp (OFG) Historical Dividend Yield (quarterly & annually)

How has OFG Dividend Yield performed in the past?

The mean historical Dividend Yield of OFG Bancorp over the last ten years is 3.66%. The current 1.63% Dividend Yield has changed -55.37% with respect to the historical average. Over the past ten years (40 quarters), OFG's Dividend Yield was at its highest in in the December 2015 quarter at 2.45%. The Dividend Yield was at its lowest in in the June 2021 quarter at 0.37%.

Quarterly (TTM)
Annual

Average

3.66%

Median

2.63%

Minimum

1.55%

Maximum

9.77%

OFG Bancorp (OFG) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of OFG Bancorp Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 158.35%

Maximum Annual Dividend Yield = 9.77%

Minimum Annual Increase = -57.28%

Minimum Annual Dividend Yield = 1.55%

Quarterly (TTM)
Annual
YearDividend YieldChange
20232.32%1.86%
20222.27%46.68%
20211.55%-29.38%
20202.19%27.34%
20191.72%-41.32%
20182.94%-50.32%
20175.91%41.67%
20164.17%-57.28%
20159.77%158.35%
20143.78%21.55%

OFG Bancorp (OFG) Average Dividend Yield

How has OFG Dividend Yield performed in the past?

The current Dividend Yield of OFG Bancorp (OFG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.05%

5-year avg

2.01%

10-year avg

3.66%

OFG Bancorp (OFG) Dividend Yield vs. Peers

How is OFG’s Dividend Yield compared to its peers?

OFG Bancorp’s Dividend Yield is less than Popular, Inc. (2.53%), less than The First Bancshares, Inc. (3.05%), less than First Commonwealth Financial Corporation (3.02%), less than First Bancorp (2.05%), less than Home Federal Bancorp, Inc. of Louisiana (4.05%), less than LINKBANCORP, Inc. (4.69%), greater than Rhinebeck Bancorp, Inc. (0%), less than Lake Shore Bancorp, Inc. (2.83%), less than Orrstown Financial Services, Inc. (2.36%), less than Finward Bancorp (2.35%), less than Community West Bancshares (3.15%), less than First Financial Northwest, Inc. (1.73%), less than Northfield Bancorp, Inc. (Staten Island, NY) (4.43%), less than Home Bancorp, Inc. (2.29%), less than First Business Financial Services, Inc. (2.21%), less than Oconee Federal Financial Corp. (3.20%), less than Old Point Financial Corporation (3.25%), less than Cullman Bancorp, Inc. (1.29%), less than Parke Bancorp, Inc. (3.41%), less than First Community Corporation (2.61%), less than First Northwest Bancorp (2.58%),

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