OceanFirst Financial Corp. has declared a quarterly cash dividend of $0.4375 per share for every depositary share, which represents 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. is the parent company of OceanFirst Bank N.A., which was founded in 1902 and operates as a regional bank providing financial services in New Jersey and in major metropolitan areas between Massachusetts and Virginia.
As of the recent press release, the company's financials showed a positive trend with the declaration of a dividend, indicating the company's confidence in its ability to generate sustained profits. Following these announcements, the company's shares moved 0.4%, and are now trading at a price of $15.75. If you want to know more, read the company's complete 8-K report here.