Reminder - OFG Bancorp (OFG) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 6/26/15, OFG Bancorp ( OFG) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 7/15/15. As a percentage of OFG's recent stock price of $14.10, this dividend works out to approximately 0.71%, so look for shares of OFG Bancorp to trade 0.71% lower — all else being equal — when OFG shares open for trading on 6/26/15.

START SLIDESHOW:
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 $0.10 declared by OFG Bancorp:

OFG+Dividend+History+Chart

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 2.84% 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 $12.85 per share, with $18.89 as the 52 week high point — that compares with a last trade of $14.13.

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

In Wednesday trading, OFG Bancorp shares are currently off about 0.3% on the day.

If you liked this article you might like

9 Bank Stocks Top Investors Love

9 Bank Stocks Top Investors Love

6 Banks that Joseph Stilwell Loves

6 Banks that Joseph Stilwell Loves

Today's Strong And Under The Radar Stock: OFG Bancorp (OFG)

Today's Strong And Under The Radar Stock: OFG Bancorp (OFG)

Don't Miss Today's Strong And Under The Radar Stock: OFG Bancorp (OFG)

Don't Miss Today's Strong And Under The Radar Stock: OFG Bancorp (OFG)

OFG Bancorp (OFG) Strong On High Relative Volume Today

OFG Bancorp (OFG) Strong On High Relative Volume Today