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November 30, 2007 |
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ORIENTAL FINANCIAL: Declares US$0.14 Per Common Share Dividend Oriental Financial Group Inc.'s Board of Directors declared a regular quarterly cash dividend of US$0.14 per common share for the fourth quarter ending December 31, 2007, payable on Jan. 15, 2008, to holders of record on Dec. 31, 2007, with an ex-dividend date of Dec. 27, 2007. About Oriental Financial Oriental Financial Group Inc. (NYSE: OFG) -- http://www.OrientalOnline.com/ -- is a diversified financial holding company operating under U.S. and Puerto Rico banking laws and regulations. Oriental provides comprehensive financial services to its clients throughout Puerto Rico and offers third party pension plan administration through its wholly owned subsidiary, Caribbean Pension Consultants, Inc. The Group's core businesses include a full range of mortgage, commercial and consumer banking services offered through 24 financial centers in Puerto Rico, as well as financial planning, trust, insurance, investment brokerage and investment banking services. * * * On January 2006, Standard & Poor's Ratings Services assigned its 'BB+' long-term counterparty credit rating to Oriental Financial Group. S&P also assigned its 'BBB-' counterparty rating to Oriental's principal operating subsidiary, Oriental Bank & Trust. S&P said the outlook for both entities is negative. |
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