OFG Bancorp's Preferred Stock, Series B Shares Cross 9.5% Yield Mark
August 25, 2015 at 14:51 PM EDT
In trading on Tuesday, shares of OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B (OFG. RB) were yielding above the 9.5% mark based on its monthly dividend (annualized to $1.75), with shares changing hands as low as $18.06 on the day.