OceanFirst Financial Dividend
Dividend criteria checks 5/6
OceanFirst Financial is a dividend paying company with a current yield of 5.3% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
5.3%
Dividend yield
47%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 17 May 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.71 |
| Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
OceanFirst Financial's (NASDAQ:OCFC) Dividend Will Be $0.20
Apr 26
OceanFirst Financial (NASDAQ:OCFC) Has Announced A Dividend Of $0.20
Oct 24Recent updates
OceanFirst Financial's (NASDAQ:OCFC) Dividend Will Be $0.20
Apr 26OceanFirst Financial: The 7.1% Fixed-To-Floating Preferred Remains Very Attractive
Mar 21OceanFirst Financial (NASDAQ:OCFC) Has Announced A Dividend Of $0.20
Oct 24OceanFirst Financial (NASDAQ:OCFC) Will Pay A Dividend Of $0.20
Jul 25Should You Be Adding OceanFirst Financial (NASDAQ:OCFC) To Your Watchlist Today?
Mar 08Ocean First Financial goes ex-dividend tomorrow
Aug 04OceanFirst Looking To Disrupt Large, New Loan Markets And Generate Significant Operating Leverage
Mar 03OceanFirst: NJ Acquirer Focused On Efficiency Improvement
Feb 03OceanFirst Financial (NASDAQ:OCFC) Has Announced A Dividend Of US$0.17
Feb 01OceanFirst Financial (NASDAQ:OCFC) Has Re-Affirmed Its Dividend Of US$0.17
Nov 04OceanFirst Financial (NASDAQ:OCFC) Is Due To Pay A Dividend Of US$0.17
Aug 03We Think Some Shareholders May Hesitate To Increase OceanFirst Financial Corp.'s (NASDAQ:OCFC) CEO Compensation
May 13Is OceanFirst Financial Corp. (NASDAQ:OCFC) The Right Choice For A Smart Dividend Investor?
Apr 06If You Had Bought OceanFirst Financial (NASDAQ:OCFC) Shares A Year Ago You'd Have Earned 48% Returns
Mar 11Trade Alert: The Independent Director Of OceanFirst Financial Corp. (NASDAQ:OCFC), Michael Devlin, Has Sold Some Shares Recently
Feb 13
Do These 3 Checks Before Buying OceanFirst Financial Corp. (NASDAQ:OCFC) For Its Upcoming Dividend
Feb 02OceanFirst Financial declares $0.17 dividend
Jan 28What Kind Of Investors Own Most Of OceanFirst Financial Corp. (NASDAQ:OCFC)?
Jan 11Need To Know: OceanFirst Financial Corp. (NASDAQ:OCFC) Insiders Have Been Selling Shares
Dec 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OCFC's dividends per share have been stable in the past 10 years.
Growing Dividend: OCFC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| OceanFirst Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OCFC) | 5.3% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast in 3 Years (OCFC) | 5.4% |
Notable Dividend: OCFC's dividend (5.3%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: OCFC's dividend (5.3%) is in the top 25% of dividend payers in the US market (4.82%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.8%), OCFC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.