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.
The company's subsidiary, OceanFirst Bank N.A., founded in 1902, is a regional bank providing financial services throughout New Jersey and in major metropolitan areas between Massachusetts and Virginia. It offers commercial and residential financing, treasury management, trust and asset management, and deposit services.
For the latest period, the declared dividend remains unchanged at $0.4375 per share, indicating stability in the company's dividend payment to its stockholders. 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.