OceanFirst Financial Corp. (NASDAQ:OCFCP – Get Free Report) declared a quarterly dividend on Wednesday, October 16th, Wall Street Journal reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.4375 per share on Friday, November 15th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.88%. The ex-dividend date is Thursday, October 31st.
OceanFirst Financial has increased its dividend payment by an average of 24.2% per year over the last three years.
OceanFirst Financial Stock Performance
NASDAQ:OCFCP opened at $25.44 on Tuesday. The stock’s fifty day moving average is $25.13 and its 200 day moving average is $24.85. OceanFirst Financial has a fifty-two week low of $22.40 and a fifty-two week high of $25.44.
OceanFirst Financial Company Profile
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers.
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