OceanFirst Financial Corp. 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. 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 providing financial services throughout New Jersey and in the major metropolitan areas between Massachusetts and Virginia. The bank offers commercial and residential financing, treasury management, trust and asset management, and deposit services.
In the latest period, the declared quarterly cash dividend for the Series A Preferred Stock is $0.4375 per share. This is a key metric for investors interested in the company's dividend policy and potential returns on their investments.
The dividend amount and payment date provide insight into the company's financial performance and its commitment to rewarding shareholders. Investors will likely be keen to assess how this compares to previous dividend declarations and whether there has been any change in the dividend amount since the last period. The market has reacted to these announcements by moving the company's shares 0.4% to a price of $15.75. For the full picture, make sure to review OceanFirst Financial's 8-K report.
