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, 2014:

• $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, 2015, to holders of record on December 31, 2014, with an ex-dividend date of December 29, 2014.

About OFG Bancorp

Now in its 50th 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 55 financial centers. Investor information can be found at www.ofgbancorp.com.