Company Website: http://www.ofgbancorp.com
SAN JUAN, Puerto Rico -- (Business Wire)

OFG Bancorp (NYSE:OFG) today announced that its Board of Directors declared the following regular quarterly cash dividends on its preferred stock for the third quarter ending September 30, 2015:

• $21.875 per share on its 8.750% Non-Cumulative Convertible Perpetual Preferred Stock, Series C (CUSIP: 67103X706)
• $0.4453125 per share on its 7.125% Non-Cumulative Perpetual Preferred Stock, Series D (CUSIP: 67103X409)

Preferred stock dividends are payable on October 15, 2015, to holders of record on October 1, 2015, with an ex-dividend date of September 29, 2015.

About OFG Bancorp

Now in its 51^st year in business, OFG Bancorp is a diversified financial holding company that operates under U.S. and Puerto Rico banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a full range of commercial, consumer and mortgage banking services, as well as financial planning, trust, insurance, investment brokerage and investment banking services, primarily in Puerto Rico, through 53 financial centers. Investor information can be found at www.ofgbancorp.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150901006503/en/

Contacts:

Puerto Rico:
OFG Bancorp
Alexandra López, 787-522-6970
allopez@ofgbancorp.com
or
US:
Anreder & Company
Steven Anreder, 212-532-3232
steven.anreder@anreder.com
or
Gary Fishman, 212-532-3232
gary.fishman@anreder.com

Source: OFG Bancorp