OceanFirst Financial About To Put More Money In Your Pocket (OCFC)

Looking at the universe of stocks we cover at Dividend Channel, on 10/24/13, OceanFirst Financial Corp ( OCFC) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 11/8/13. As a percentage of OCFC's recent stock price of $17.50, this dividend works out to approximately 0.69%, so look for shares of OceanFirst Financial Corp to trade 0.69% lower — all else being equal — when OCFC shares open for trading on 10/24/13.

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Below is a dividend history chart for OCFC, showing historical dividends prior to the most recent $0.12 declared by OceanFirst Financial Corp:

OCFC+Dividend+History+Chart

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 2.74% 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:

OceanFirst Financial Corp 200 Day Moving Average Chart

Looking at the chart above, OCFC's low point in its 52 week range is $12.43 per share, with $18.85 as the 52 week high point — that compares with a last trade of $17.50.

In Tuesday trading, OceanFirst Financial Corp shares are currently off about 2.5% on the day.
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