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OFG Bancorp

S&P 500

OFG/Financial Services · Banks - Regional/NYSE

Dividend Yield

2.65%

$1.25 · Annual Dividend

Stock Price$49.31P/E9.8MCap2.0BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

97/ 100Very Safe

OFG's dividend appears very safe. Strengths include a 25.8% earnings payout ratio & 28.2% fcf payout ratio. The dividend has been growing at a 26.30% 5-year CAGR. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.

Based on 10 of 10 metrics

Strengths

  • Earnings Payout Ratio: 25.8%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 28.2%Free cash flow comfortably covers the dividend.
  • Net Debt / Total Assets: -4.5%Healthy balance sheet with low net debt.

Risks

No material risks identified across rated metrics.

Payout & Coverage

Very Safe
25.8%Very Safe
28.2%Very Safe

Balance Sheet

Very Safe

Profitability

Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
26.3%Very Safe
GrowingVery Safe

About OFG Bancorp

OFG Bancorp is a financial holding company that provides a diverse range of banking and related services primarily in Puerto Rico. The company's key function is to deliver comprehensive financial solutions through its various subsidiaries, with a focus on consumer, commercial, and institutional customers. OFG Bancorp's offerings include retail banking products like savings and checking accounts, mortgage and personal loans, as well as commercial and industrial loans for businesses. Moreover, the company is instrumental in supporting the local economy by facilitating capital access and financial planning, playing a pivotal role in Puerto Rico's banking sector. As a provider of investment services and wealth management, OFG Bancorp aids its clientele in achieving financial stability and growth. Its presence in the market is marked by a commitment to innovation and customer service, contributing significantly to the region's financial infrastructure and underscoring its importance in the financial markets of Puerto Rico.

Dividend Overview

Dividend Yield

2.65%

Annual Dividend

$1.25

Frequency

Quarterly

Payout Ratio

25.83%

FCF Payout Ratio

28.24%

52-Week Range

$35.71 - $49.56

Dividend History (2016–2025)

OFG annual dividend per share and yield history

Earnings & Profitability

OFG earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

June 30, 2026

Next Payment Date

July 15, 2026

Dividend Growth

3-Year Dividend CAGR

8.74%

5-Year Dividend CAGR

26.30%

10-Year Dividend CAGR

9.60%

3-Year Total Growth

28.57%

5-Year Total Growth

221.43%

10-Year Total Growth

150.00%

Income Calculator

OFG Dividend Calculator

Total Investment

$4,931.00

Annual Income

$125.00

Quarterly Income

$31.25

Monthly Income

$10.42

Frequently Asked Questions

What is OFG's current dividend yield?
OFG Bancorp (OFG) currently has a dividend yield of 2.65%, based on a stock price of $49.31 and an annual dividend of $1.25.
When is OFG's next dividend payment date?
OFG's next ex-dividend date is 2026-06-30 and the next payment date is 2026-07-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does OFG pay in dividends per year?
OFG Bancorp paid $0.90 per share in annual dividends in 2025. The dividends are paid quarterly.
Has OFG been increasing its dividend?
OFG Bancorp has grown its dividend at a 5-year CAGR of 26.30% and a 10-year CAGR of 9.60%.
Is OFG's dividend safe?
OFG Bancorp has a payout ratio of 25.83%. Its free cash flow payout ratio is 28.24%. A payout ratio below 60% is generally considered sustainable.
How is OFG's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates OFG Bancorp's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for financial services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.