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OFG Bancorp (OFG Bancorp) Forward Dividend Yield % : 2.73% (As of Apr. 29, 2024)


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What is OFG Bancorp Forward Dividend Yield %?

As of today (2024-04-29), the Forward Annual Dividend Yield of OFG Bancorp is 2.73%.

As of today (2024-04-29), the Trailing Annual Dividend Yield of OFG Bancorp is 2.50%.

OFG's Forward Dividend Yield % is ranked worse than
75.49% of 1171 companies
in the Banks industry
Industry Median: 4.16 vs OFG: 2.73

OFG Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.22.

During the past 12 months, OFG Bancorp's average Dividends Per Share Growth Rate was 25.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 46.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 30.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of OFG Bancorp was 183.20% per year. The lowest was -34.10% per year. And the median was 13.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of OFG Bancorp's Forward Dividend Yield %

For the Banks - Regional subindustry, OFG Bancorp's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OFG Bancorp's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OFG Bancorp's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where OFG Bancorp's Forward Dividend Yield % falls into.



OFG Bancorp Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

OFG Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2502024-03-272024-03-282024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-12-282023-12-292024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-09-282023-09-292023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-06-292023-06-302023-07-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

OFG Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/36.29
=2.76 %

Current Share Price is $36.29.
OFG Bancorp's Dividends per Share for the forward twelve months is calculated as $0.25 * 4 = $1.

OFG Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.91/36.29
=2.51 %

Current Share Price is $36.29.
OFG Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.91.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OFG Bancorp  (NYSE:OFG) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


OFG Bancorp Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of OFG Bancorp's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


OFG Bancorp (OFG Bancorp) Business Description

Traded in Other Exchanges
Address
254 Munoz Rivera Avenue, San Juan, PRI, 00918
OFG Bancorp is a financial holding company, through its subsidiaries provides banking and financial services. It operates through three segments namely Banking, Wealth Management, and Treasury. It serves to clients such as commercial, consumer, auto, and mortgage lending, checking and savings accounts, financial planning, insurance, financial services, and investment brokerage, and corporate and individual trust and retirement services. It provides services in the region of Puerto Rico.
Executives
Ganesh Kumar officer: CFO & EVP P.O. BOX 195115, SAN JUAN PR 00919-5115
Jesus Nestor De director P.O. BOX 195115, SAN JUAN PR 00919-5115
Cesar A Ortiz officer: SVP & Chief Risk Officer PO BOX 195115, SAN JUAN PR 00919
Maritza Arizmendi officer: EVP & CFO PO BOX 195115, SAN JUAN PR 00919-5115
Julian Inclan director, DIRECTOR P.O. BOX 195115, SAN JUAN PR 00919-5115
Patrick J. Haggarty officer: Managing Director Comm. Bankin P.O.BOX 195115, SAN JUAN PR 00919-5115
Jose Rafael Fernandez officer: Senior Executive VP PO BOX 195115, SAN JUAN PR 00919-5115
Jorge Colon director PO BOX 195115, SAN JUAN PR 00919-5115
Angel E. Vazquez director P.O. BOX 195115, SAN JUAN PR 00919-5115
Edwin Perez director P.O. BOX 195115, SAN JUAN PR 00919-5115
Ada Garcia officer: Managing Dir Customer Intelli P.O. BOX 195115, SAN JUAN PR 00919-5115
Hugh Gonzalez officer: General Counsel P.O. BOX 195115, SAN JUAN PR 00919-5115
Annette Franqui director 811 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Rafael A Velez-dominguez director P.O. BOX 195115, SAN JUAN PR 00919-5115
Sue Harnett director P.O. BOX 195115, SAN JUAN PR 00919-5115

OFG Bancorp (OFG Bancorp) Headlines