OceanFirst Financial Dividends and Buybacks
Dividend criteria checks 5/6
OceanFirst Financial is a dividend paying company with a current yield of 3.94% that is well covered by earnings.
Key information
3.9%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.800 |
| Payout ratio | 46% |
Recent dividend and buyback updates
OceanFirst Financial (NASDAQ:OCFC) Is Paying Out A Dividend Of $0.20
Jul 23
OceanFirst Financial's (NASDAQ:OCFC) Dividend Will Be $0.20
Apr 26Recent updates
OceanFirst Financial: 7% Yield Still Attractive Despite Call Risk
Sep 10OceanFirst Financial (NASDAQ:OCFC) Is Paying Out A Dividend Of $0.20
Jul 23OceanFirst Financial At Risk Of Treading Water Without Competitive Differentiation
Jul 02OceanFirst 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 11Stability 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) | 3.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (OCFC) (up to 3 years) | 4.0% |
Notable Dividend: OCFC's dividend (3.94%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: OCFC's dividend (3.94%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), OCFC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OCFC's dividends in 3 years are forecast to be well covered by earnings (42.4% payout ratio).