OFG Bancorp's Preferred Stock, Series B Crosses Above 9% Yield Territory
June 15, 2016 at 15:44 PM EDT
In trading on Wednesday, shares of OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B (OFG. RB) were yielding above the 9% mark based on its monthly dividend (annualized to $1.75), with shares changing hands as low as $18.81 on the day.
