OceanFirst Financial Corp. Declares Quarterly Cash Dividend for Common Stock

Rhea-AI Summary

OceanFirst Financial Corp (NASDAQ: OCFC) declared a quarterly cash dividend of $0.20 per share, payable May 8, 2026, to shareholders of record on April 27, 2026. The dividend reflects a routine cash distribution from the board and applies to common stockholders.

OceanFirst Bank N.A., founded in 1902, provides commercial and residential financing, treasury management, trust and asset management, and deposit services across the Northeast.

Positive

• Dividend of $0.20 per share declared
• Payable May 8, 2026 to record holders April 27, 2026
• Signals board confidence in near-term cash flow

Negative

• Modest yield could be immaterial for income-focused investors seeking higher payouts
• No guidance on future dividend increases or long-term dividend policy

News Market Reaction – OCFC

-1.57%

-1.57% Session close to close

In the Apr 16 session, OCFC declined 1.57%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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RED BANK, N.J., April 15, 2026 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”), (the “Company”), announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of Common Stock, payable on May 8, 2026 to stockholders of record on April 27, 2026.

OceanFirst Financial Corp.’s subsidiary, OceanFirst Bank N.A., founded in 1902, is a regional bank providing financial services throughout New Jersey and in the major metropolitan areas from Massachusetts through Virginia. OceanFirst Bank delivers commercial and residential financing, treasury management, trust and asset management, and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey. To learn more about OceanFirst, go to www.oceanfirst.com.

Company Contact:

Patrick S. Barrett
Chief Financial Officer
OceanFirst Financial Corp.
Tel: (732) 240-4500, ext. 27507
Email: Pbarrett@oceanfirst.com

FAQ

What dividend did OceanFirst (OCFC) declare on April 15, 2026?

OceanFirst declared a $0.20 per share quarterly cash dividend. According to the company, the dividend is payable May 8, 2026 to shareholders of record on April 27, 2026.

When will OCFC shareholders receive the dividend declared April 15, 2026?

Shareholders will receive the dividend on May 8, 2026. According to the company, eligible shareholders are those of record as of April 27, 2026.

How does the OCFC dividend affect common shareholders on the record date April 27, 2026?

Shareholders on the record date will be eligible for the full $0.20 per share payout. According to the company, ownership must be recorded by April 27, 2026 to receive payment.

Does the April 15, 2026 OCFC dividend announcement change the company’s dividend policy?

The announcement declares a quarterly payout but does not state a policy change. According to the company, this is a board-declared cash dividend for the current quarter only.

How can investors confirm OCFC dividend details and payment mechanics?

Investors can confirm dividend details via company channels and their broker. According to the company, the dividend is $0.20 per share, payable May 8, 2026 to record holders April 27, 2026.