OFG Bancorp (OFG) Dividends

OFG Bancorp (OFG): $36.45

0.07 (-0.19%)

POWR Rating

Component Grades

Momentum

B

Stability

B

Sentiment

Quality

C

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Industry: Foreign Banks

Industry

C

Ranked

#30 of 90

in industry

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 Ex-Dividend Date
OFG Dividend Yield
2.77%
OFG Annual Dividend
$1.00
OFG Payout Ratio

OFG Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$36.45$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
2024-03-27Dividend$0.25+13.64%
2023-12-28Dividend$0.22--
2023-09-28Dividend$0.22--
2023-06-29Dividend$0.22--
2023-03-30Dividend$0.22+10.00%
2022-12-29Dividend$0.20--
2022-09-29Dividend$0.20+33.33%
2022-06-29Dividend$0.15--
2022-03-30Dividend$0.15+25.00%
2021-12-30Dividend$0.12--
2021-09-29Dividend$0.12+50.00%
2021-06-29Dividend$0.08--
2021-03-30Dividend$0.08+14.29%
2020-12-30Dividend$0.07--
2020-09-29Dividend$0.07--
2020-06-29Dividend$0.07--
2020-03-30Dividend$0.07--
2019-12-30Dividend$0.07--
2019-09-27Dividend$0.07--
2019-06-27Dividend$0.07--
2019-03-28Dividend$0.07--
2018-12-28Dividend$0.07+16.67%
2018-09-27Dividend$0.06--
2018-06-28Dividend$0.06--
2018-03-28Dividend$0.06--
2017-12-28Dividend$0.06--
2017-09-28Dividend$0.06--
2017-06-28Dividend$0.06--
2017-03-29Dividend$0.06--
2016-12-28Dividend$0.06--
2016-09-28Dividend$0.06--
2016-06-28Dividend$0.06--
2016-03-29Dividend$0.06--
2015-12-29Dividend$0.06-40.00%
2015-09-28Dividend$0.10--
2015-06-26Dividend$0.10--
2015-03-27Dividend$0.10--
2014-12-29Dividend$0.10+25.00%
2014-09-26Dividend$0.08--
2014-06-26Dividend$0.08--
2014-03-26Dividend$0.08--
2013-12-27Dividend$0.08+33.33%
2013-09-26Dividend$0.06--
2013-06-26Dividend$0.06--
2013-03-26Dividend$0.06--
2012-12-27Dividend$0.06--
2012-09-26Dividend$0.06--
2012-06-27Dividend$0.06--
2012-03-28Dividend$0.06--
2011-12-28Dividend$0.06+20.00%
2011-09-28Dividend$0.05--
2011-06-28Dividend$0.05--
2011-03-29Dividend$0.05--
2010-12-29Dividend$0.05+25.00%
2010-09-28Dividend$0.04--
2010-06-28Dividend$0.04--
2010-03-29Dividend$0.04--
2009-12-29Dividend$0.04--
2009-09-28Dividend$0.04--
2009-06-30Dividend$0.04--
2009-03-30Dividend$0.04-71.43%
2008-12-26Dividend$0.14--
2008-09-26Dividend$0.14--
2008-06-26Dividend$0.14--
2008-03-27Dividend$0.14--
2007-12-27Dividend$0.14--
2007-10-01Dividend$0.14--
2007-06-27Dividend$0.14--
2007-03-28Dividend$0.14--
2006-12-27Dividend$0.14--
2006-09-27Dividend$0.14--
2006-06-28Dividend$0.14--
2006-03-28Dividend$0.14--
2005-12-28Dividend$0.14--
2005-09-28Dividend$0.14--
2005-06-28Dividend$0.14--
2005-03-28Dividend$0.14+862.50%
2004-12-29Split11-10-for-1 Stock SplitN/A
2004-12-28Dividend$0.16+10.71%
2004-09-28Dividend$0.14--
2004-06-28Dividend$0.14--
2004-03-26Dividend$0.14+926.67%
2003-12-29Split11-10-for-1 Stock SplitN/A
2003-12-26Dividend$0.15+10.00%
2003-09-26Dividend$0.14--
2003-06-26Dividend$0.14--
2003-03-27Dividend$0.14+288.89%
2003-01-16Split5-4-for-1 Stock SplitN/A
2002-12-26Dividend$0.18+16.67%
2002-09-26Dividend$0.15--
2002-06-26Dividend$0.15-9.09%
2002-03-27Dividend$0.17+10.00%
2001-12-27Dividend$0.15--
2001-09-26Dividend$0.15--
2001-06-27Dividend$0.15--
2001-03-28Dividend$0.15--
2000-12-27Dividend$0.15--
2000-09-27Dividend$0.15--
2000-06-28Dividend$0.15--
2000-03-28Dividend$0.15--
1999-12-28Dividend$0.15--
1999-09-28Dividend$0.15--
1999-06-28Dividend$0.15+66.39%
1999-03-26Dividend$0.09+30.41%
1998-12-28Dividend$0.07+300.00%
1998-10-16Split4-3-for-1 Stock SplitN/A
1998-09-28Dividend$0.07--
1998-06-26Dividend$0.07--
1998-03-27Dividend$0.07+20.00%
1997-12-26Dividend$0.06+400.00%
1997-10-16Split5-4-for-1 Stock SplitN/A
1997-09-26Dividend$0.06+5.30%
1997-06-26Dividend$0.05--
1997-03-26Dividend$0.05+20.04%
1996-12-16Dividend$0.05+650.00%
1996-10-17Split6-5-for-1 Stock SplitN/A
1996-06-14Dividend$0.04--
1996-03-12Dividend$0.04--
1995-12-13Dividend$0.04+566.67%
1995-10-03Split5-4-for-1 Stock SplitN/A
1995-09-14Dividend$0.03+4.16%
1995-06-29Dividend$0.03+50.03%
1995-03-13Dividend$0.02--
1994-12-09Dividend$0.02+700.00%
1994-10-06Split4-3-for-1 Stock SplitN/A
1994-09-14Dividend$0.01+35.92%
1994-06-15Dividend$0.01--
1994-03-25Dividend$0.01-50.00%
1993-12-28Dividend$0.02+100.00%
1993-09-27Dividend$0.01+200.00%
1993-08-17Split3-2-for-1 Stock SplitN/A
1993-07-22Dividend$0.01+49.83%
1993-03-26Dividend$0.01--
1992-12-24Dividend$0.01--
1992-09-25Dividend$0.01--


OFG Dividends vs. Peers

OFG's dividend yield currently ranks #59 of 111 vs. its peers in the Foreign Banks category.
Rank Symbol Name Dividend Yield
1 BBDO Banco Bradesco Sa American Depositary Shares (each representing one Common Share) 0.00%
2 RY Royal Bank Of Canada 0.00%
3 FBP First BanCorp (Puerto Rico) 0.00%
4 TD Toronto-Dominion Bank 0.00%
5 BBVA Banco Bilbao Vizcaya Argentaria S.A. 0.00%
6 SAN Banco Santander S.A. ADR 0.00%
7 MDIBY Mediobanca S.p.A 0.00%
8 UNCRY UniCredit S.p.A. 0.00%
9 EBKDY Erste Group Bank AG ADR 0.00%
10 MFG Mizuho Financial Group, Inc. Sponosred ADR (Japan) 0.00%
11 BCH Banco De Chile Banco De Chile ADS 0.00%
12 UOVEY United Overseas Bank Ltd. ADR 0.00%
13 BCS Barclays PLC ADR 0.00%
14 SBKFF State Bank of India 0.00%
15 SBRCY Sberbank of Russia PJSC 0.00%
16 CAIXY CaixaBank, S.A. 0.00%
17 CIB BanColombia S.A. 0.00%
18 MLYBY Malayan Banking Berhad 0.00%
19 HDB HDFC Bank Limited 0.00%
20 WBK Westpac Banking Corporation 0.00%
21 CBWBF Canadian Western Bank 0.00%
22 BBAR BBVA Banco Frances S.A. 0.00%
23 MQBKY Macquarie Group Ltd. 0.00%
24 SUTNY Sumitomo Mitsui Trust Holdings, Inc. 0.00%
25 OTPGF OTP Bank Nyrt. 0.00%
26 IDCBY Industrial and Commercial Bank of China Ltd. ADR 0.00%
27 SVNLY Svenska Handelsbanken AB 0.00%
28 OVCHY Oversea-Chinese Banking Corporation Limited 0.00%
29 SCBFY Standard Chartered PLC ADR 0.00%
30 SWDBY Swedbank AB ADR 0.00%
31 FCI FirstCaribbean International Bank Limited 0.00%
32 PBCRY PT Bank Central Asia Tbk 0.00%
33 SCBFF Standard Chartered PLC 0.00%
34 SCGLY Societe Generale (France) ADR 0.00%
35 KB KB Financial Group Inc. ADR 0.00%
36 CM Canadian Imperial Bank of Commerce 0.00%
37 CIBEY Commercial International Bank -Egypt S.A.E 0.00%
38 CICHY China Construction Bank Corp. ADR 0.00%
39 SHG Shinhan Financial Group Co. Ltd. ADR 0.00%
40 TKYVY Turkiye Vakiflar Bankasi T.A.O. 0.00%
41 ITCB Itau CorpBanca ADR 0.00%
42 GGAL Grupo Financiero Galicia S.A., Class B Shares underlying 0.00%
43 NABZY National Australia Bank Ltd. ADR 0.00%
44 NDBKY Nedbank Group Ltd 0.00%
45 CMAKY China Minsheng Banking Corp., Ltd. 0.00%
46 CMWAY Commonwealth Bank of Australia ADR 0.00%
47 FANDY FirstRand Limited 0.00%
48 BLX Banco Latinoamericano de Comercio Exterior, S.A. 0.00%
49 BMA Banco Macro S.A. ADR (representing Ten Class B Common Shares) 0.00%
50 ISNPY Intesa Sanpaolo S.p.A. ADR 0.00%
51 SMFG Sumitomo Mitsui Financial Group Inc. ADR 0.00%
52 BMO Bank Of Montreal 0.00%
53 HSBC HSBC Holdings PLC ADR 0.00%
54 ANZBY Australia and New Zealand Banking Group Limited 0.00%
55 BNS Bank of Nova Scotia 0.00%
56 EWBC East West Bancorp, Inc. 0.00%
57 CRARY Crédit Agricole S.A. 0.00%
58 SGBLY Standard Bank Group 0.00%
59 OFG OFG Bancorp 0.00%
60 BSAC Banco Santander - Chile ADS 0.00%
61 BSBR Banco Santander (Brasil) S.A. ADR 0.00%
62 RBS Royal Bank of Scotland Group Plc New (The) ADS 0.00%
63 MUFG Mitsubishi UFJ Financial Group Inc. ADR 0.00%
64 BSMX Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico 0.00%
65 CS Credit Suisse Group AG ADR 0.00%
66 TKGZY Turkiye Garanti Bankasi A.S. 0.00%
67 NRDBY Nordea Bank Abp 0.00%
68 KBCSY KBC Group N.V. ADR 0.00%
69 GBOOY Grupo Financiero Banorte S.A.B. de C.V. ADR 0.00%
70 IBN ICICI Bank Ltd. ADR 0.00%
71 NTIOF National Bank of Canada 0.00%
72 WF Woori Financial Group 0.00%
73 NTXFY Natixis S.A. 0.00%
74 BACHY Bank of China Ltd. ADR 0.00%
75 UBS UBS Group AG 0.00%
76 NWG NatWest Group PLC ADR 0.00%
77 PPERY Bank Mandiri (Persero) ADR 0.00%
78 AAVMY ABN AMRO Bank N.V. 0.00%
79 BDORY Banco do Brasil S/A ADR 0.00%
80 BDOUY BDO Unibank, Inc. 0.00%
81 ACGBY Agricultural Bank of China Limited 0.00%
82 BHKLY BOC Hong Kong (Holdings) Ltd. ADR 0.00%
83 CRZBY Commerzbank AG 0.00%
84 NTB Bank of N.T. Butterfield & Son Limited (The) Voting Ordinary Shares 0.00%
85 KPCPY Kasikornbank Public Company Limited 0.00%
86 AVAL Grupo Aval Acciones y Valores S.A. ADR (Each representing 20 preferred shares) 0.00%
87 BKEAY The Bank of East Asia, Limited 0.00%
88 ING ING Groep N.V. ADR 0.00%
89 HACBY The Hachijuni Bank, Ltd. 0.00%
90 PSTVY Postal Savings Bank of China Co., Ltd. 0.00%
91 THBIY Turkiye Halk Bankasi AS 0.00%
92 LYG Lloyds Banking Group PLC ADR 0.00%
93 DB Deutsche Bank AG 0.00%
94 AGRPY Absa Group Limited 0.00%
95 DBSDY DBS Group Holdings Ltd. ADR 0.00%
96 SHZUY The Shizuoka Bank, Ltd. 0.00%
97 BKHYY Bank Hapoalim B.M. 0.00%
98 BKKLY Bangkok Bank Public Company Limited 0.00%
99 BKNIY Bankinter, S.A. 0.00%
100 BKQNY Bank of Queensland Limited 0.00%
101 BKRIY Bank of Ireland Group plc 0.00%
102 BKRKY PT Bank Rakyat Indonesia (Persero) Tbk 0.00%
103 SMUUY Siam Commercial Bank Public Company Limited 0.00%
104 ITUB Itau Unibanco Holding S/A ADR 0.00%
105 AKBTY Akbank T.A.S. 0.00%
106 SNMCY Suncorp Group Ltd. 0.00%
107 DNHBY DNB ASA 0.00%
108 BNPQY BNP Paribas S.A. ADR 0.00%
109 DNKEY Danske Bank A/S 0.00%
110 BAP Credicorp Ltd. 0.00%
111 BBD Banco Bradesco S/A Pref ADR 0.00%

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

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