OceanFirst Financial Corp. Announces Quarterly Cash Dividend for Series A Preferred Stock

RED BANK, N.J., Jan. 21, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ: OCFC), referred to as the "Company," has declared a quarterly cash dividend of $0.4375 per share. This dividend is for each depositary share that represents a 1/40th interest in the Series A Preferred Stock. The payment is scheduled for February 17, 2025, to shareholders who are recorded by January 31, 2025.

The Company operates through its subsidiary, OceanFirst Bank N.A., which was established in 1902. OceanFirst Bank is a regional banking institution that provides a range of financial services across New Jersey and major areas between Massachusetts and Virginia. The bank offers various services, including commercial and residential financing, treasury management, trust and asset management, and deposit services. OceanFirst Bank is recognized as one of the largest and oldest community-focused financial institutions based in New Jersey, indicative of its long-standing presence in the industry.

For those interested in learning more about the services and offerings of OceanFirst, additional information can be found on their official website at www.oceanfirst.com.

For any inquiries, the public can reach out to the Company contact:

Patrick S. Barrett

Chief Financial Officer

OceanFirst Financial Corp.

Tel: (732) 240-4500, ext. 27507

Email: [email protected]

Dividend, Finance, Stocks