OceanFirst Financial Dividends and Buybacks
Dividend criteria checks 5/6
OceanFirst Financial is a dividend paying company with a current yield of 4.44% that is well covered by earnings.
Key information
4.4%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.800 |
| Payout ratio | 49% |
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 Will Likely Call Its Preferred Shares
Feb 08OceanFirst Financial: A Depressed Valuation Opportunity
Jan 24OceanFirst 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 13Stability 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) | 4.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (OCFC) (up to 3 years) | 4.6% |
Notable Dividend: OCFC's dividend (4.44%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: OCFC's dividend (4.44%) is low compared to the top 25% of dividend payers in the US market (4.44%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.6%), 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 (40.9% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/20 13:33 |
| End of Day Share Price | 2025/02/20 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
OceanFirst Financial Corp. is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Erik Zwick | Boenning & Scattergood, Inc. |
| Manuel Navas | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |