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 5.08%.
Dividend Yield Range
AI Analysis of OCFC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.08% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.200 |
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OceanFirst Financial Corp. has not yet announced its next dividend date. Last payment date was: Feb 16, 2024.
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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 | |
|---|---|---|---|---|---|
| 81 | Apr 19, 2004 | Apr 28, 2004 | May 14, 2004 | $0.200 | 0.89% |
| 82 | Jan 22, 2004 | Jan 28, 2004 | Feb 13, 2004 | $0.200 | 0.80% |
| 83 | Oct 23, 2003 | Oct 29, 2003 | Nov 14, 2003 | $0.200 | 0.751% |
| 84 | Jul 18, 2003 | Jul 30, 2003 | Aug 15, 2003 | $0.200 | 0.784% |
| 85 | Apr 23, 2003 | Apr 30, 2003 | May 16, 2003 | $0.200 | 0.88% |
| 86 | Jan 24, 2003 | Jan 29, 2003 | Feb 14, 2003 | $0.180 | 0.84% |
| 87 | Oct 17, 2002 | Oct 30, 2002 | Nov 15, 2002 | $0.180 | 0.81% |
| 88 | Jul 18, 2002 | Jul 31, 2002 | Aug 16, 2002 | $0.180 | 0.86% |
| 89 | Apr 17, 2002 | May 01, 2002 | May 17, 2002 | $0.173 | 0.781% |
| 90 | Jan 16, 2002 | Jan 30, 2002 | Feb 15, 2002 | $0.160 | 0.89% |
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 5.08%, 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 (11.05%), 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% |
