OceanFirst Financial Corp. (NASDAQ:OCFCP – Get Free Report) announced a quarterly dividend on Wednesday, April 17th, Wall Street Journal reports. Investors of record on Tuesday, April 30th will be given a dividend of 0.4375 per share on Wednesday, May 15th. This represents a $1.75 dividend on an annualized basis and a yield of 7.13%. The ex-dividend date is Monday, April 29th.
OceanFirst Financial has increased its dividend by an average of 24.2% annually over the last three years.
OceanFirst Financial Price Performance
Shares of OceanFirst Financial stock opened at $24.54 on Friday. The firm has a 50 day simple moving average of $24.53 and a 200 day simple moving average of $24.18. OceanFirst Financial has a fifty-two week low of $18.04 and a fifty-two week high of $25.88.
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.
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