OceanFirst Financial Corp. Plans Quarterly Dividend of $0.44 (NASDAQ:OCFCP)

OceanFirst Financial Corp. (NASDAQ:OCFCP) announced a quarterly dividend on Wednesday, July 17th, Wall Street Journal reports. Shareholders of record on Wednesday, July 31st will be given a dividend of 0.4375 per share on Thursday, August 15th. This represents a $1.75 annualized dividend and a yield of 6.90%. The ex-dividend date of this dividend is Wednesday, July 31st.

OceanFirst Financial has increased its dividend by an average of 24.2% per year over the last three years.

OceanFirst Financial Trading Up 1.3 %

Shares of NASDAQ OCFCP opened at $25.35 on Monday. The stock has a fifty day moving average price of $24.77 and a 200 day moving average price of $24.64. OceanFirst Financial has a 12-month low of $22.40 and a 12-month high of $25.35.

About OceanFirst Financial

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.