OceanFirst Financial Corp. Announces Latest Dividend for Investors

Author: Olivia Taylor Updated: 01-21-2025 05:30 PM

OceanFirst Financial Corp. Announces Dividend Payment

OceanFirst Financial Corp. (NASDAQ: OCFC) has recently taken an important step for its stakeholders by declaring a quarterly cash dividend. This dividend is set at $0.4375 per share for their depositary shares, which represent a 1/40th interest in the Series A Preferred Stock. This benefit is scheduled for distribution on February 17, 2025, exclusively for stockholders who hold shares as of January 31, 2025.

About OceanFirst Financial Corp.

A key player in the banking sector, OceanFirst Financial Corp. operates through its valued subsidiary, OceanFirst Bank N.A. Established in 1902, OceanFirst Bank has earned its reputation as a trusted regional bank, extending its services across New Jersey and into significant metropolitan regions stretching from Massachusetts to Virginia.

Services Offered by OceanFirst Bank

As one of the oldest community-based financial institutions headquartered in New Jersey, OceanFirst Bank offers a wide array of services. Their offerings include commercial and residential financing options, comprehensive treasury management services, and structured trust and asset management. Additionally, OceanFirst Bank provides various deposit services, catering to a diverse clientele.

Commitment to Community and Growth

OceanFirst Financial Corp. is dedicated to maintaining strong ties within the communities it serves. By leveraging a combination of traditional banking values and modern financial strategies, the bank has successfully positioned itself to meet the evolving needs of its customers whilst also fostering local economic growth.

Investment Considerations for Shareholders

For current and potential investors, the declared dividend presents a compelling opportunity to benefit from the financial health and strategic direction of OceanFirst Financial Corp. Investing in companies that prioritize shareholder returns can be a wise choice, especially one like OceanFirst, which has a sustained commitment to its investors.

Contact Information for Further Inquiries

For any questions regarding the dividend or the company's performance, you can reach out to Patrick S. Barrett, the Chief Financial Officer at OceanFirst Financial Corp. He can be contacted directly via telephone at (732) 240-4500, ext. 27507, or by email at Pbarrett@oceanfirst.com.

Frequently Asked Questions

What is the declared quarterly cash dividend by OceanFirst Financial Corp.?

The declared quarterly cash dividend is $0.4375 per share for depositary shares representing 1/40th interest in the Series A Preferred Stock.

When will the dividend be payable to shareholders?

The dividend is payable on February 17, 2025, to stockholders of record as of January 31, 2025.

What services does OceanFirst Bank provide?

OceanFirst Bank offers commercial and residential financing, treasury management, trust and asset management, and deposit services.

How long has OceanFirst Bank been in operation?

OceanFirst Bank has been serving its communities since its founding in 1902.

Who can I contact for more information about OceanFirst Financial Corp.?

For inquiries, contact Patrick S. Barrett, Chief Financial Officer, at (732) 240-4500, ext. 27507 or via email at Pbarrett@oceanfirst.com.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.

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