STOCK TITAN

OceanFirst Financial Corp. Declares Quarterly Cash Dividend for Series A Preferred Stock

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

OceanFirst Financial Corp. (NASDAQ:OCFC) has declared a quarterly cash dividend of $0.4375 per share on its Series A Preferred Stock. This dividend is payable on November 15, 2021 to stockholders of record as of October 29, 2021. OceanFirst Bank, founded in 1902, offers a variety of financial services across New Jersey and major metropolitan areas, enhancing its reputation as one of the largest community-based financial institutions in the region.

Positive
  • Quarterly cash dividend of $0.4375 per share declared.
  • Dividend payable on November 15, 2021, indicating return to shareholders.
  • OceanFirst Bank has a long-standing presence since 1902, reflecting stability.
Negative
  • None.

RED BANK, N.J., Oct. 19, 2021 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”), (the “Company”), announced that its Board of Directors has declared a quarterly cash dividend of $0.4375 per share for every depositary share, representing 1/40th interest in the Series A Preferred Stock, payable on November 15, 2021 to stockholders of record on October 29, 2021.

OceanFirst Financial Corp.’s subsidiary, OceanFirst Bank N.A., founded in 1902, is a regional bank providing financial services throughout New Jersey and in the major metropolitan markets of Philadelphia, New York, Baltimore, Washington D.C. and Boston. OceanFirst Bank delivers commercial and residential financing, treasury management, trust and asset management, and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey. To learn more about OceanFirst, go to www.oceanfirst.com

Company Contact:
  
Michael J. Fitzpatrick
Chief Financial Officer
OceanFirst Financial Corp.
Tel: (732) 240-4500, ext. 7506
Email: Mfitzpatrick@oceanfirst.com


FAQ

What is the dividend amount for OCFC in 2021?

OceanFirst Financial Corp. declared a quarterly dividend of $0.4375 per share for 2021.

When is the dividend payable for OCFC?

The dividend is payable on November 15, 2021.

What is the record date for OCFC's dividend?

The record date for the dividend is October 29, 2021.

How often does OCFC pay dividends?

OceanFirst Financial Corp. pays dividends quarterly, as indicated in the press release.

OceanFirst Financial Corp

NASDAQ:OCFC

OCFC Rankings

OCFC Latest News

OCFC Stock Data

1.18B
56.42M
3.25%
73.8%
0.72%
Banks - Regional
National Commercial Banks
Link
United States of America
TOMS RIVER