Ex-Div Reminder For OFG Bancorp (OFG)

Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, OFG Bancorp ( OFG) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 7/15/13. As a percentage of OFG's recent stock price of $16.97, this dividend works out to approximately 0.35%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Below is a dividend history chart for OFG, showing historical dividends prior to the most recent $0.06 declared by OFG Bancorp:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OFG is likely to continue, and whether the current estimated yield of 1.41% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OFG shares, versus its 200 day moving average:

OFG Bancorp 200 Day Moving Average Chart

Looking at the chart above, OFG's low point in its 52 week range is $9.88 per share, with $18.12 as the 52 week high point — that compares with a last trade of $16.92.

According to the ETF Finder at ETF Channel, OFG makes up 1.13% of the Latin America Small-Cap Index ETF ( LATM) which is trading lower by about 1.6% on the day Monday.

According to Preferred Stock Channel, there is are 3 series of preferred stock that are senior to OFG — find out what they are ».

In Monday trading, OFG Bancorp shares are currently down about 1.5% on the day.