Why OFG Bancorp (OFG) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does OFG (OFG) have what it takes?
Stock Taper
| DATE | TYPE | RATIO |
|---|---|---|
| 2004-12-29 | Forward | 11:10 |
| 2003-12-29 | Forward | 11:10 |
| 2003-01-16 | Forward | 5:4 |
| 2002-03-27 | Forward | 11:10 |
| 1998-10-16 | Forward | 4:3 |
| 1997-10-16 | Forward | 5:4 |
| 1996-10-17 | Forward | 6:5 |
| 1995-10-03 | Forward | 5:4 |
| 1994-10-06 | Forward | 4:3 |
| 1993-08-17 | Forward | 3:2 |
OFG Bancorp, based in Puerto Rico, offers banking, wealth management, and treasury services, including lending, investment, insurance, and asset management through 52 branches in Puerto Rico and USVI.

The Libre Account by OFG Bancorp's Oriental Bank is a digital-first, no-fee checking account targeting young, tech-savvy customers to drive growth and innovation.
OFG Bancorp's Board of Directors approved a new $100 million stock repurchase authorization. This move, announced on April 30, 2025, was a significant capital action signaling confidence in the company's financial health and commitment to delivering shareholder value.
OFG Bancorp's Board of Directors approved a new $100 million stock repurchase plan in April 2025. This move, in addition to a previously authorized plan, underscores the company's strong capital position and commitment to enhancing shareholder value amidst a stable economic outlook in its primary market of Puerto Rico.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does OFG (OFG) have what it takes?
Overall rating: A
| PEER | PRICE | |
|---|---|---|
PNFP | $93.27 | COMPARE |
OZK | $43.52 | COMPARE |
NIC | $162.96 | COMPARE |
FRME | $39.47 | COMPARE |
NWBI | $14.76 | COMPARE |
EFSC | $58.89 | COMPARE |
SRCE | $84.72 | COMPARE |
FCF | $19.91 | COMPARE |