Looking at the universe of stocks we cover at Dividend Channel, on 5/1/14, OceanFirst Financial Corp (OCFC) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 5/16/14. As a percentage of OCFC's recent stock price of $16.11, this dividend works out to approximately 0.74%, so look for shares of OceanFirst Financial Corp to trade 0.74% lower — all else being equal — when OCFC shares open for trading on 5/1/14.
Below is a dividend history chart for OCFC, showing historical dividends prior to the most recent $0.12 declared by OceanFirst Financial Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OCFC is likely to continue, and whether the current estimated yield of 2.98% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OCFC shares, versus its 200 day moving average:Looking at the chart above, OCFC's low point in its 52 week range is $13.60 per share, with $19.47 as the 52 week high point — that compares with a last trade of $16.11.
In Wednesday trading, OceanFirst Financial Corp shares are currently down about 0.5% on the day.