OceanFirst Financial Corp. to Issue Quarterly Dividend of $0.44 (NASDAQ:OCFCP)

OceanFirst Financial Corp. (NASDAQ:OCFCP) announced a quarterly dividend on Tuesday, January 21st,Wall Street Journal reports. Stockholders of record on Friday, January 31st will be paid a dividend of 0.4375 per share on Monday, February 17th. This represents a $1.75 annualized dividend and a dividend yield of 6.92%. The ex-dividend date is Friday, January 31st.

OceanFirst Financial Price Performance

NASDAQ:OCFCP remained flat at $25.30 on Thursday. 8,006 shares of the company’s stock were exchanged, compared to its average volume of 4,036. OceanFirst Financial has a 52-week low of $23.75 and a 52-week high of $25.90. The stock’s fifty day simple moving average is $25.23 and its two-hundred day simple moving average is $25.10.

OceanFirst Financial Company Profile

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.