OceanFirst Financial Corp. Stock Dividends
OCFC pays dividends quarterly. Last paid amount was $0.200 at May 17, 2024. As of today, dividend yield (TTM) is 5.07%.
Dividend Yield Range
AI Analysis of OCFC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.07% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.200 |
|
OceanFirst Financial Corp. has not yet announced its next dividend date. Last payment date was: May 17, 2024.
|
|
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 | |
|---|---|---|---|---|---|
| 11 | Oct 28, 2021 | Nov 05, 2021 | Nov 19, 2021 | $0.170 | 0.786% |
| 12 | Jul 29, 2021 | Aug 06, 2021 | Aug 20, 2021 | $0.170 | 0.80% |
| 13 | Apr 29, 2021 | May 07, 2021 | May 21, 2021 | $0.170 | 0.756% |
| 14 | Jan 28, 2021 | Feb 05, 2021 | Feb 19, 2021 | $0.170 | 0.797% |
| 15 | Oct 29, 2020 | Nov 06, 2020 | Nov 20, 2020 | $0.170 | 1.06% |
| 16 | Jul 23, 2020 | Jul 31, 2020 | Aug 14, 2020 | $0.170 | 1.00% |
| 17 | Apr 24, 2020 | May 01, 2020 | May 15, 2020 | $0.170 | 1.24% |
| 18 | Jan 22, 2020 | Feb 04, 2020 | Feb 19, 2020 | $0.170 | 0.727% |
| 19 | Oct 23, 2019 | Nov 01, 2019 | Nov 15, 2019 | $0.170 | 0.705% |
| 20 | Jul 25, 2019 | Aug 02, 2019 | Aug 16, 2019 | $0.170 | 0.80% |
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 5.07%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). 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 (11.01%), 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 | 799.162M | $0.135 | 5.73% | 58.41% | |
| OceanFirst Financial Corp. | 942.939M | $0.200 | 5.08% | 49.01% | |
| AMERISAFE | 891.5M | $0.370 | 5.05% | 152.17% | |
| Dime Community Bancshares | 773.167M | $0.250 | 4.84% | 58.84% | |
| Southside Bancshares | 848.577M | $0.360 | 4.84% | 52.92% | |
| Safety Insurance Group | 1.181B | $0.90 | 4.80% | 103.64% | |
| First Busey Corporation | 1.353B | $0.240 | 4.41% | 47.38% | |
| S&T Bancorp | 1.231B | $0.330 | 4.38% | 36.67% | |
| StepStone Group Inc. | 2.541B | $0.210 | 3.83% | 80.39% | |
| TriCo Bancshares | 1.273B | $0.330 | 3.49% | 37.42% | |
| City Holding Company | 1.543B | $0.720 | 2.86% | 34.30% | |
| First Bancorp | 1.31B | $0.220 | 2.79% | 31.84% | |
| Merchants Bancorp | 1.866B | $0.0900 | 1.01% | 15.72% |
