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OFG Bancorp Declares Series D Preferred Stock Regular Quarterly Cash Dividend

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OFG Bancorp (NYSE:OFG) today announced that its Board of Directors
declared a regular cash dividend of $0.4453125 per share on its 7.125%
Non-Cumulative Perpetual Preferred Stock, Series D (CUSIP: 67103X409),
for the quarter ending March 31, 2019. The dividend is payable April 15,
2019, to holders of record March 29, 2019. The ex-dividend date is March
28, 2019.

About OFG Bancorp

Now in its 55th 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 retail and
commercial banking, lending and wealth management products, services and
technology, primarily in Puerto Rico. Visit us at http://www.ofgbancorp.com.

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