OCFC Oceanfirst Financial dividend history, payout ratio & dates
Oceanfirst Financial's latest dividend of $0.2 per share was on Nov 4, 2024 (ex-date). The annualized dividend distribution of $0.8 per share represents a current dividend yield of 4.5%.
Key dates
- OCFC last dividend date: Nov 4, 2024
OCFC dividend stats
vs. Financial Services sector
Dividend yield
Oceanfirst Financial's dividend yield of 4.5% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.77%, Oceanfirst Financial's dividend yield is 62% higher. The historical 5-year average of OCFC's dividend yield is 4.1%, which is below the current yield.
Dividend history
Oceanfirst Financial has a history of paying dividends since 1997. Our records of OCFC show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But with the price of the stock up by 1.9% from a year ago, the dividend yield has decreased by 1.8%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 4, 2024 | $0.2 | 4.51% |
| Aug 5, 2024 | $0.2 | 5.04% |
| May 3, 2024 | $0.2 | 5.18% |
| Feb 2, 2024 | $0.2 | 4.9% |
| Nov 3, 2023 | $0.2 | 5.67% |
| Aug 4, 2023 | $0.2 | 4.32% |
| May 5, 2023 | $0.2 | 5.74% |
| Feb 3, 2023 | $0.2 | 3.1% |
| Nov 4, 2022 | $0.2 | 3.22% |
| Aug 5, 2022 | $0.2 | 3.4% |
| May 6, 2022 | $0.17 | 3.6% |
| Feb 4, 2022 | $0.17 | 3.01% |
| Nov 5, 2021 | $0.17 | 3.09% |
| Aug 6, 2021 | $0.17 | 3.16% |
| May 7, 2021 | $0.17 | 3.04% |
| Feb 5, 2021 | $0.17 | 3.61% |
| Nov 6, 2020 | $0.17 | 4.77% |
| Jul 31, 2020 | $0.17 | 4.44% |
| May 1, 2020 | $0.17 | 4.33% |
| Feb 4, 2020 | $0.17 | 2.91% |
| Nov 1, 2019 | $0.17 | 2.86% |
| Aug 2, 2019 | $0.17 | 2.91% |
| May 3, 2019 | $0.17 | 2.57% |
| Feb 1, 2019 | $0.17 | 2.64% |
| Nov 2, 2018 | $0.17 | 2.43% |
| Aug 3, 2018 | $0.15 | 2.1% |
| May 4, 2018 | $0.15 | 2.22% |
| Feb 2, 2018 | $0.15 | 2.27% |
| Nov 3, 2017 | $0.15 | 2.22% |
| Aug 3, 2017 | $0.15 | 2.23% |
| May 4, 2017 | $0.15 | 2.05% |
| Feb 2, 2017 | $0.15 | 1.96% |
| Nov 3, 2016 | $0.15 | 2.6% |
| Aug 4, 2016 | $0.13 | 2.81% |
| May 5, 2016 | $0.13 | 2.89% |
| Jan 28, 2016 | $0.13 | 2.91% |
| Oct 29, 2015 | $0.13 | 2.71% |
| Jul 30, 2015 | $0.13 | 2.97% |
| Apr 30, 2015 | $0.13 | 3.04% |
| Jan 29, 2015 | $0.13 | 3.04% |
Oceanfirst Financial dividend payout ratio
Payout ratio
Oceanfirst Financial's payout ratio of 45.7% is above the Financial Services sector and the industry average. But compared to its Financial Services sector average of 44.2%, Oceanfirst Financial's payout ratio is only 3.4% higher.
Total amount of dividends paid per financial year (from cash flow)
OCFC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KRNY Kearny Financial Corp | 6.05% | $0.44 | N/A |
| PFS Provident Financial Services Inc | 5.08% | $0.96 | 91.4% |
| OCFC Oceanfirst Financial Corp | 4.49% | $0.8 | 45.7% |
| NFBK Northfield Bancorp Inc | 4.4% | $0.52 | 81.3% |
Frequently asked questions
Does Oceanfirst Financial pay a dividend?
Yes, Oceanfirst Financial has been paying dividends for the last 27 years.
When was OCFC's last dividend?
Oceanfirst Financial's last regular dividend was on Nov 4, 2024 (ex-date) with the amount of $0.2 per share.
How much dividend does Oceanfirst Financial pay (per share)?
OCFC's annualized dividend per share is $0.8.
What is Oceanfirst Financial's dividend yield?
The current dividend yield of Oceanfirst Financial is 4.5%.
How often does Oceanfirst Financial pay dividends?
Oceanfirst Financial has a quarterly dividend frequency.
What is Oceanfirst Financial's dividend payout ratio?
The dividend payout ratio of Oceanfirst Financial is 45.7%.
Does Oceanfirst Financial pay a good dividend?
Oceanfirst Financial's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.