Oceanfirst Financial's latest dividend of $0.2 per share was on Aug 5, 2024 (ex-date). The annualized dividend distribution of $0.8 per share represents a current dividend yield of 4.39%.
Oceanfirst Financial's dividend yield of 4.39% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.78%, Oceanfirst Financial's dividend yield is 58% higher. The historical 5-year average of OCFC's dividend yield is 4.0%, which is below the current yield.
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 46% from a year ago, the dividend yield has decreased by 32%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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's payout ratio of 48.2% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 43.2%, Oceanfirst Financial's payout ratio is 12% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KRNY Kearny Financial Corp | 6.16% | $0.44 | N/A |
PFS Provident Financial Services Inc | 5% | $0.96 | 89.7% |
NFBK Northfield Bancorp Inc | 4.35% | $0.52 | 77.6% |
OCFC Oceanfirst Financial Corp | 4.3% | $0.8 | 48.2% |
Yes, Oceanfirst Financial has been paying dividends for the last 27 years.
Oceanfirst Financial's last regular dividend was on Aug 5, 2024 (ex-date) with the amount of $0.2 per share.
OCFC's annualized dividend per share is $0.8.
The current dividend yield of Oceanfirst Financial is 4.39%.
Oceanfirst Financial has a quarterly dividend frequency.
The dividend payout ratio of Oceanfirst Financial is 48.2%.
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.