OceanFirst Financial Corp. has declared a quarterly cash dividend of $0.4375 per share for every depositary share, representing a 1/40th interest in the Series A Preferred Stock. This dividend is payable on May 15, 2025, to stockholders of record on April 30, 2025.
OceanFirst Financial Corp.'s subsidiary, OceanFirst Bank N.A., is a regional bank that provides financial services throughout New Jersey and in major metropolitan areas between Massachusetts and Virginia. The bank offers 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. The market has reacted to these announcements by moving the company's shares 0.4% to a price of $15.75. Check out the company's full 8-K submission here.