OFG Bancorp's Preferred Stock, Series A Shares Cross 7.5% Yield Mark
September 15, 2014 at 14:10 PM EDT
In trading on Monday, shares of OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A (OFG. RA) were yielding above the 7.5% mark based on its monthly dividend (annualized to $1.7812), with shares changing hands as low as $23.70 on the day.