OFG Bancorp announced its Board of Directors increased the regular quarterly cash dividend by 10%, to $0.22 per common share from $0.20 per share, for the quarter ending March 31, 2023, as part of OFG's capital actions in 2023. The dividend is payable April 17, 2023, to holders of record at March 31, 2023, with an ex-dividend date of March 30, 2023.