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

OceanFirst Financial Corp. (NASDAQ:OCFCP) declared a quarterly dividend on Wednesday, January 22nd,Wall Street Journal reports. Shareholders of record on Friday, January 31st will be given a dividend of 0.4375 per share on Monday, February 17th. This represents a $1.75 annualized dividend and a yield of 6.91%. The ex-dividend date of this dividend is Friday, January 31st.

OceanFirst Financial Price Performance

Shares of OCFCP stock traded up $0.02 on Wednesday, hitting $25.34. The stock had a trading volume of 3,033 shares, compared to its average volume of 3,733. OceanFirst Financial has a 52-week low of $23.75 and a 52-week high of $25.90. The stock’s 50 day moving average is $25.23 and its 200-day moving average is $25.10.

About OceanFirst Financial

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.