OFG Bancorp (OFG) Dividends
Dividend Yield and Dividend History Highlights
- As for its free cash flow/dividend ratio, OFG's comes in at 5.51 -- better than 94.58% of other US-listed dividend issuers.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with OFG that may be suitable potential portfolio mates: CELP, PETS, SNX, RPRX and NYT.
OFG Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $36.50 | $10.89 | -58.98% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Ofg Bancorp, the dividend discount model StockNews created for the company implies a negative return of 58.98%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Ofg Bancorp are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, Ofg Bancorp's expected return of -58.98% is higher than merely 16.54% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Ofg Bancorp bears a discount rate, according to our calculations, lower than merely 16.54% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- With a market cap of roughly $1 billion, OFG is in the small-sized market cap class; amongst this group of stocks, its equity discount rate is lower than merely 20.67% of them.
- Amongst its dividend-issuing peers in the small-sized market cap category, OFG has a beta lower than merely 12.85% of them.
OFG Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-03-27 | Dividend | $0.25 | +13.64% |
| 2023-12-28 | Dividend | $0.22 | -- |
| 2023-09-28 | Dividend | $0.22 | -- |
| 2023-06-29 | Dividend | $0.22 | -- |
| 2023-03-30 | Dividend | $0.22 | +10.00% |
| 2022-12-29 | Dividend | $0.20 | -- |
| 2022-09-29 | Dividend | $0.20 | +33.33% |
| 2022-06-29 | Dividend | $0.15 | -- |
| 2022-03-30 | Dividend | $0.15 | +25.00% |
| 2021-12-30 | Dividend | $0.12 | -- |
| 2021-09-29 | Dividend | $0.12 | +50.00% |
| 2021-06-29 | Dividend | $0.08 | -- |
| 2021-03-30 | Dividend | $0.08 | +14.29% |
| 2020-12-30 | Dividend | $0.07 | -- |
| 2020-09-29 | Dividend | $0.07 | -- |
| 2020-06-29 | Dividend | $0.07 | -- |
| 2020-03-30 | Dividend | $0.07 | -- |
| 2019-12-30 | Dividend | $0.07 | -- |
| 2019-09-27 | Dividend | $0.07 | -- |
| 2019-06-27 | Dividend | $0.07 | -- |
| 2019-03-28 | Dividend | $0.07 | -- |
| 2018-12-28 | Dividend | $0.07 | +16.67% |
| 2018-09-27 | Dividend | $0.06 | -- |
| 2018-06-28 | Dividend | $0.06 | -- |
| 2018-03-28 | Dividend | $0.06 | -- |
| 2017-12-28 | Dividend | $0.06 | -- |
| 2017-09-28 | Dividend | $0.06 | -- |
| 2017-06-28 | Dividend | $0.06 | -- |
| 2017-03-29 | Dividend | $0.06 | -- |
| 2016-12-28 | Dividend | $0.06 | -- |
| 2016-09-28 | Dividend | $0.06 | -- |
| 2016-06-28 | Dividend | $0.06 | -- |
| 2016-03-29 | Dividend | $0.06 | -- |
| 2015-12-29 | Dividend | $0.06 | -40.00% |
| 2015-09-28 | Dividend | $0.10 | -- |
| 2015-06-26 | Dividend | $0.10 | -- |
| 2015-03-27 | Dividend | $0.10 | -- |
| 2014-12-29 | Dividend | $0.10 | +25.00% |
| 2014-09-26 | Dividend | $0.08 | -- |
| 2014-06-26 | Dividend | $0.08 | -- |
| 2014-03-26 | Dividend | $0.08 | -- |
| 2013-12-27 | Dividend | $0.08 | +33.33% |
| 2013-09-26 | Dividend | $0.06 | -- |
| 2013-06-26 | Dividend | $0.06 | -- |
| 2013-03-26 | Dividend | $0.06 | -- |
| 2012-12-27 | Dividend | $0.06 | -- |
| 2012-09-26 | Dividend | $0.06 | -- |
| 2012-06-27 | Dividend | $0.06 | -- |
| 2012-03-28 | Dividend | $0.06 | -- |
| 2011-12-28 | Dividend | $0.06 | +20.00% |
| 2011-09-28 | Dividend | $0.05 | -- |
| 2011-06-28 | Dividend | $0.05 | -- |
| 2011-03-29 | Dividend | $0.05 | -- |
| 2010-12-29 | Dividend | $0.05 | +25.00% |
| 2010-09-28 | Dividend | $0.04 | -- |
| 2010-06-28 | Dividend | $0.04 | -- |
| 2010-03-29 | Dividend | $0.04 | -- |
| 2009-12-29 | Dividend | $0.04 | -- |
| 2009-09-28 | Dividend | $0.04 | -- |
| 2009-06-30 | Dividend | $0.04 | -- |
| 2009-03-30 | Dividend | $0.04 | -71.43% |
| 2008-12-26 | Dividend | $0.14 | -- |
| 2008-09-26 | Dividend | $0.14 | -- |
| 2008-06-26 | Dividend | $0.14 | -- |
| 2008-03-27 | Dividend | $0.14 | -- |
| 2007-12-27 | Dividend | $0.14 | -- |
| 2007-10-01 | Dividend | $0.14 | -- |
| 2007-06-27 | Dividend | $0.14 | -- |
| 2007-03-28 | Dividend | $0.14 | -- |
| 2006-12-27 | Dividend | $0.14 | -- |
| 2006-09-27 | Dividend | $0.14 | -- |
| 2006-06-28 | Dividend | $0.14 | -- |
| 2006-03-28 | Dividend | $0.14 | -- |
| 2005-12-28 | Dividend | $0.14 | -- |
| 2005-09-28 | Dividend | $0.14 | -- |
| 2005-06-28 | Dividend | $0.14 | -- |
| 2005-03-28 | Dividend | $0.14 | +862.50% |
| 2004-12-29 | Split | 11-10-for-1 Stock Split | N/A |
| 2004-12-28 | Dividend | $0.16 | +10.71% |
| 2004-09-28 | Dividend | $0.14 | -- |
| 2004-06-28 | Dividend | $0.14 | -- |
| 2004-03-26 | Dividend | $0.14 | +926.67% |
| 2003-12-29 | Split | 11-10-for-1 Stock Split | N/A |
| 2003-12-26 | Dividend | $0.15 | +10.00% |
| 2003-09-26 | Dividend | $0.14 | -- |
| 2003-06-26 | Dividend | $0.14 | -- |
| 2003-03-27 | Dividend | $0.14 | +288.89% |
| 2003-01-16 | Split | 5-4-for-1 Stock Split | N/A |
| 2002-12-26 | Dividend | $0.18 | +16.67% |
| 2002-09-26 | Dividend | $0.15 | -- |
| 2002-06-26 | Dividend | $0.15 | -9.09% |
| 2002-03-27 | Dividend | $0.17 | +10.00% |
| 2001-12-27 | Dividend | $0.15 | -- |
| 2001-09-26 | Dividend | $0.15 | -- |
| 2001-06-27 | Dividend | $0.15 | -- |
| 2001-03-28 | Dividend | $0.15 | -- |
| 2000-12-27 | Dividend | $0.15 | -- |
| 2000-09-27 | Dividend | $0.15 | -- |
| 2000-06-28 | Dividend | $0.15 | -- |
| 2000-03-28 | Dividend | $0.15 | -- |
| 1999-12-28 | Dividend | $0.15 | -- |
| 1999-09-28 | Dividend | $0.15 | -- |
| 1999-06-28 | Dividend | $0.15 | +66.39% |
| 1999-03-26 | Dividend | $0.09 | +30.41% |
| 1998-12-28 | Dividend | $0.07 | +300.00% |
| 1998-10-16 | Split | 4-3-for-1 Stock Split | N/A |
| 1998-09-28 | Dividend | $0.07 | -- |
| 1998-06-26 | Dividend | $0.07 | -- |
| 1998-03-27 | Dividend | $0.07 | +20.00% |
| 1997-12-26 | Dividend | $0.06 | +400.00% |
| 1997-10-16 | Split | 5-4-for-1 Stock Split | N/A |
| 1997-09-26 | Dividend | $0.06 | +5.30% |
| 1997-06-26 | Dividend | $0.05 | -- |
| 1997-03-26 | Dividend | $0.05 | +20.04% |
| 1996-12-16 | Dividend | $0.05 | +650.00% |
| 1996-10-17 | Split | 6-5-for-1 Stock Split | N/A |
| 1996-06-14 | Dividend | $0.04 | -- |
| 1996-03-12 | Dividend | $0.04 | -- |
| 1995-12-13 | Dividend | $0.04 | +566.67% |
| 1995-10-03 | Split | 5-4-for-1 Stock Split | N/A |
| 1995-09-14 | Dividend | $0.03 | +4.16% |
| 1995-06-29 | Dividend | $0.03 | +50.03% |
| 1995-03-13 | Dividend | $0.02 | -- |
| 1994-12-09 | Dividend | $0.02 | +700.00% |
| 1994-10-06 | Split | 4-3-for-1 Stock Split | N/A |
| 1994-09-14 | Dividend | $0.01 | +35.92% |
| 1994-06-15 | Dividend | $0.01 | -- |
| 1994-03-25 | Dividend | $0.01 | -50.00% |
| 1993-12-28 | Dividend | $0.02 | +100.00% |
| 1993-09-27 | Dividend | $0.01 | +200.00% |
| 1993-08-17 | Split | 3-2-for-1 Stock Split | N/A |
| 1993-07-22 | Dividend | $0.01 | +49.83% |
| 1993-03-26 | Dividend | $0.01 | -- |
| 1992-12-24 | Dividend | $0.01 | -- |
| 1992-09-25 | Dividend | $0.01 | -- |
OFG Dividends vs. Peers
OFG's dividend yield currently ranks #58 of 110 vs. its peers in the Foreign Banks category.
Looking for More Information on OFG dividends?
Here are a few links from around the web to help you further your research on Ofg Bancorp and its dividends:Ofg Bancorp Common Stock (OFG) Dividend History | Nasdaq
Dividend History for Ofg Bancorp (OFG) - Dividend Investor
Ofg Bancorp (OFG) Dividend History - Seeking Alpha