OFG Bancorp's Non-cumulative Monthly Income Preferred Stock, Series A Ex-Dividend Reminder

On 8/13/13, OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A (NYSE: OFG.PRA) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 9/3/13. As a percentage of OFG.PRA's recent share price of $25.20, this dividend works out to approximately 0.59%, so look for shares of OFG.PRA to trade 0.59% lower ? all else being equal ? when OFG.PRA shares open for trading on 8/13/13. On an annualized basis, the current yield is approximately 7.07%, which compares to...