OceanFirst Financial Corp. Stock Dividends
OCFC pays dividends quarterly. Last paid amount was $0.200 at Feb 16, 2024. As of today, dividend yield (TTM) is 5.24%.
Dividend Yield Range
AI Analysis of OCFC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.24% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.200 |
| Next Ex-Dividend Date | May 03, 2024 |
| Next Payment Date | May 17, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from OCFC the purchase should be done within the next 0 days.
Here's a simple guide on how to buy OCFC stock.
OCFC Dividend Payout History
To ensure a understanding of OCFC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 18, 2024 | May 03, 2024 | May 17, 2024 | $0.200 | 1.33% |
| 2 | Jan 18, 2024 | Feb 02, 2024 | Feb 16, 2024 | $0.200 | 1.27% |
| 3 | Oct 19, 2023 | Nov 03, 2023 | Nov 17, 2023 | $0.200 | 1.41% |
| 4 | Jul 18, 2023 | Aug 04, 2023 | Aug 18, 2023 | $0.200 | 1.15% |
| 5 | Apr 19, 2023 | May 05, 2023 | May 19, 2023 | $0.200 | 1.40% |
| 6 | Jan 19, 2023 | Feb 03, 2023 | Feb 17, 2023 | $0.200 | 0.81% |
| 7 | Oct 24, 2022 | Nov 04, 2022 | Nov 18, 2022 | $0.200 | 0.87% |
| 8 | Jul 28, 2022 | Aug 05, 2022 | Aug 19, 2022 | $0.200 | 0.95% |
| 9 | Apr 28, 2022 | May 06, 2022 | May 20, 2022 | $0.170 | 0.90% |
| 10 | Jan 27, 2022 | Feb 04, 2022 | Feb 18, 2022 | $0.170 | 0.748% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
OCFC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from OCFC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in OCFC stock here.
Comparing OCFC to Sector and Country
OCFC pays a solid dividend yield of 5.24%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). OCFC’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%), which means that there are more attractive dividend stocks to consider.
OCFC Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Brookline Bancorp | 737.825M | $0.135 | 5.80% | 58.37% | |
| OceanFirst Financial Corp. | 883.713M | $0.200 | 5.24% | 36.75% | |
| AMERISAFE | 860.692M | $0.370 | 5.05% | 152.17% | |
| Dime Community Bancshares | 728.006M | $0.250 | 4.84% | 44.08% | |
| Southside Bancshares | 821.44M | $0.360 | 4.84% | 52.92% | |
| Safety Insurance Group | 1.166B | $0.90 | 4.80% | 282.34% | |
| S&T Bancorp | 1.17B | $0.330 | 4.52% | 27.40% | |
| First Busey Corporation | 1.265B | $0.240 | 4.41% | 35.54% | |
| StepStone Group Inc. | 2.329B | $0.210 | 3.83% | 80.39% | |
| TriCo Bancshares | 1.157B | $0.330 | 3.49% | 27.38% | |
| City Holding Company | 1.524B | $0.720 | 2.86% | 33.53% | |
| First Bancorp | 1.276B | $0.220 | 2.79% | 23.71% | |
| Merchants Bancorp | 1.702B | $0.0900 | 1.01% | 17.37% |
