OceanFirst Financial Corp. Declares Quarterly Cash Dividend for Series A Preferred Stock
OceanFirst Financial Corp. (NASDAQ: OCFC) has announced a quarterly cash dividend of $0.4375 per share for its Series A Preferred Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
OceanFirst Financial Corp. (NASDAQ: OCFC) has announced a quarterly cash dividend of $0.4375 per share for its Series A Preferred Stock. This dividend is payable on November 16, 2020, to stockholders of record by October 30, 2020. With assets totaling $11.3 billion, OceanFirst Bank, founded in 1902, is a major regional bank providing various financial services across New Jersey and metropolitan areas of Philadelphia and New York City.
Positive
- Quarterly cash dividend declared at $0.4375 per share for Series A Preferred Stock, indicating strong shareholder returns.
Negative
- None.
Details
News Market Reaction – OCFC
The recorded move for OCFC in the trading session of this news was +2.20%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
RED BANK, N.J., Oct. 20, 2020 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”), (the “Company”), announced that its Board of Directors has declared a quarterly cash dividend of
OceanFirst Financial Corp.’s subsidiary, OceanFirst Bank N.A., founded in 1902, is a
OceanFirst Financial Corp.’s press releases are available by visiting us at www.oceanfirst.com.
Company Contact:
Michael J. Fitzpatrick
Chief Financial Officer
OceanFirst Financial Corp.
Tel: (732) 240-4500, ext. 7506
Email: Mfitzpatrick@oceanfirst.com
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