OceanFirst Financial Corp.

OceanFirst Financial Corp.verified

OCFC

Price:

$18.13

Market Cap:

$1.06B

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer lo...[Read more]

Industry

Banks - Regional

IPO Date

1996-07-03

Stock Exchange

NASDAQ

Ticker

OCFC

The Dividend Yield as of September 2024 (TTM) for OceanFirst Financial Corp. (OCFC) is 4.41%

According to OceanFirst Financial Corp.’s latest financial reports and current stock price. The company's current Dividend Yield is 4.41%. This represents a change of 218.53% compared to the average of 1.39% of the last 4 quarters.

OceanFirst Financial Corp. (OCFC) Historical Dividend Yield (quarterly & annually)

How has OCFC Dividend Yield performed in the past?

The mean historical Dividend Yield of OceanFirst Financial Corp. over the last ten years is 3.09%. The current 4.41% Dividend Yield has changed 42.65% with respect to the historical average. Over the past ten years (40 quarters), OCFC's Dividend Yield was at its highest in in the September 2023 quarter at 1.50%. The Dividend Yield was at its lowest in in the December 2016 quarter at 0.46%.

Quarterly (TTM)
Annual

Average

3.09%

Median

2.84%

Minimum

1.82%

Maximum

5.01%

OceanFirst Financial Corp. (OCFC) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of OceanFirst Financial Corp. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 36.83%

Maximum Annual Dividend Yield = 5.01%

Minimum Annual Increase = -30.42%

Minimum Annual Dividend Yield = 1.82%

Quarterly (TTM)
Annual
YearDividend YieldChange
20235.01%31.61%
20223.81%12.80%
20213.38%-7.70%
20203.66%36.83%
20192.67%-4.82%
20182.81%22.73%
20172.29%25.76%
20161.82%-30.42%
20152.61%-9.26%
20142.88%2.27%

OceanFirst Financial Corp. (OCFC) Average Dividend Yield

How has OCFC Dividend Yield performed in the past?

The current Dividend Yield of OceanFirst Financial Corp. (OCFC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.06%

5-year avg

3.70%

10-year avg

3.09%

OceanFirst Financial Corp. (OCFC) Dividend Yield vs. Peers

How is OCFC’s Dividend Yield compared to its peers?

OceanFirst Financial Corp.’s Dividend Yield is less than Lakeland Bancorp, Inc. (3.24%), less than Flushing Financial Corporation (5.97%), less than Dime Community Bancshares, Inc. (3.50%), less than Peapack-Gladstone Financial Corporation (0.70%), less than Heritage Financial Corporation (4.12%),

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