On 5/13/13, OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B (NYSE: OFG.PRB) will trade ex-dividend, for its monthly dividend of $0.1458, payable on 5/31/13. As a percentage of OFG.PRB's recent share price of $25.14, this dividend works out to approximately 0.58%, so look for shares of OFG.PRB to trade 0.58% lower -- all else being equal -- when OFG.PRB shares open for trading on 5/13/13. On an annualized basis, the current yield is approximately 6.96%, which compares to...
Ex-Div Reminder for OFG Bancorp's Noncumulative Monthly Income Preferred Stock, Series B
Forbes - 9 May 2013 20:11
On 5/13/13, OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B (NYSE: OFG.PRB) will trade ex-dividend, for its monthly dividend of $0.1458, payable on 5/31/13. As a percentage of OFG.PRB's recent share price of $25.14, this dividend works out to approximately 0.58%, so look for shares of OFG.PRB to trade 0.58% lower -- all else being equal -- when OFG.PRB shares open for trading on 5/13/13. On an annualized basis, the current yield is approximately 6.96%, which compares to...
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