OceanFirst Financial (NASDAQ:OCFCP) Shares Up 0.1% – Time to Buy?

OceanFirst Financial Corp. (NASDAQ:OCFCPGet Free Report)’s stock price shot up 0.1% during mid-day trading on Monday . The company traded as high as $25.00 and last traded at $25.00. 1,049 shares traded hands during trading, a decline of 62% from the average session volume of 2,736 shares. The stock had previously closed at $24.97.

OceanFirst Financial Stock Performance

The stock has a 50 day simple moving average of $25.15 and a 200-day simple moving average of $24.88.

OceanFirst Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a yield of 6.96%. The ex-dividend date of this dividend is Thursday, October 31st.

OceanFirst Financial Company Profile

(Get Free Report)

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers.

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