CORRECTING and REPLACING OFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends

CORRECTION…by OFG Bancorp

SAN JUAN, Puerto Rico--()--The ex-dividend date at the end of the fourth paragraph should read: December 29, 2015 (instead of: January 13, 2016).

The corrected release reads:

OFG BANCORP DECLARES REGULAR QUARTERLY PREFERRED STOCK CASH DIVIDENDS

OFG Bancorp (NYSE: OFG) today announced that its Board of Directors declared the following regular quarterly cash dividends on its preferred stock for the fourth quarter ending December 31, 2015:

  • $21.875 per share on its 8.750% Non-Cumulative Convertible Perpetual Preferred Stock, Series C (CUSIP: 67103X706)
  • $0.4453125 per share on its 7.125% Non-Cumulative Perpetual Preferred Stock, Series D (CUSIP: 67103X409)

Preferred stock dividends are payable on January 15, 2016, to holders of record on December 31, 2015, with an ex-dividend date of December 29, 2015.

About OFG Bancorp

Now in its 51st year in business, OFG Bancorp is a diversified financial holding company that operates under U.S. and Puerto Rico banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a full range of commercial, consumer and mortgage banking services, as well as financial planning, trust, insurance, investment brokerage and investment banking services, primarily in Puerto Rico, through 51 financial centers and 332 ATMs. Investor information can be found at www.ofgbancorp.com.

Contacts

Puerto Rico:
OFG Bancorp
Alexandra López, 787-522-6970
allopez@ofgbancorp.com
or
US:
Anreder & Company
Steven Anreder, 212-532-3232
steven.anreder@anreder.com
or
Gary Fishman, 212-532-3232
gary.fishman@anreder.com

Contacts

Puerto Rico:
OFG Bancorp
Alexandra López, 787-522-6970
allopez@ofgbancorp.com
or
US:
Anreder & Company
Steven Anreder, 212-532-3232
steven.anreder@anreder.com
or
Gary Fishman, 212-532-3232
gary.fishman@anreder.com