OceanFirst Financial Corp. (OCFC) Dividends

OceanFirst Financial Corp. (OCFC): $20.91

0.01 (+0.05%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • OCFC's trailing 12 month dividends has averaged an annual growth rate of 7.53%.
  • In terms of compounded growth rate of annual dividends, OCFC's growth rate has been 0.33% over the past 5.76 years.
  • In terms of debt burden relative to earnings, OCFC has an EBITDA to net debt ratio of 118,235,000, ranking above 88.89% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with OCFC's price: EDUC, PFE, GIS, HTLD and HIHO.
OCFC Ex-Dividend Date
OCFC Dividend Yield
3.25%
OCFC Annual Dividend
$0.68
OCFC Payout Ratio

OCFC Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$20.91$18.36 -7.58%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of OCFC, the DDM model, as implemented by StockNews, implies a negative return of 7.58% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Oceanfirst Financial Corp are:

  • In comparison to stocks we observe that provide shareholders with a dividend, OCFC offers a dividend yield in the top 31.14% of stocks in our set.
  • Based on dividend growth rate, Oceanfirst Financial Corp has been increasing its dividends at a faster rate than 92.52% of US-listed dividend-issuing stocks we observed.
  • As other dividend issuers in the Financial Services sector, OCFC's equity discount rate is less than 69.02% of those stocks.

OCFC Dividend Chart


OCFC Dividend History

Ex-Dividend Date Type Payout Amount Change
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OCFC Dividends vs. Peers

OCFC's dividend yield currently ranks #30 of 105 vs. its peers in the Northeast Regional Banks category.
Rank Symbol Name Dividend Yield
1 NYCB New York Community Bancorp, Inc. 6.12%
2 CBFV CB Financial Services, Inc. 4.36%
3 PBCT People's United Financial, Inc. 4.23%
4 BCBP BCB Bancorp, Inc. (NJ) 4.23%
5 EMCF Emclaire Financial Corp 4.17%
6 FNLC First Bancorp, Inc (ME) 4.14%
7 FRAF Franklin Financial Services Corporation 4.12%
8 WASH Washington Trust Bancorp, Inc. 4.05%
9 BDGE Bridge Bancorp, Inc. 3.93%
10 TRST TrustCo Bank Corp NY 3.92%
11 PFS Provident Financial Services, Inc 3.92%
12 FFIC Flushing Financial Corporation 3.90%
13 ISBC Investors Bancorp, Inc. 3.87%
14 ORIT Oritani Financial Corp. 3.87%
15 QNBC Qnb Corp 3.78%
16 UNB Union Bankshares, Inc. 3.78%
17 BHB Bar Harbor Bankshares, Inc. 3.71%
18 FLIC The First of Long Island Corporation 3.65%
19 ACNB ACNB Corporation 3.57%
20 STBA S&T Bancorp, Inc. 3.52%
21 FISI Financial Institutions, Inc. 3.52%
22 LSBK Lake Shore Bancorp, Inc. 3.49%
23 FULT Fulton Financial Corporation 3.48%
24 UBNK United Financial Bancorp, Inc. 3.40%
25 PFIS Peoples Financial Services Corp. 3.39%
26 FNCB FNCB Bancorp Inc. 3.35%
27 BHBK Blue Hills Bancorp, Inc. 3.35%
28 KRNY Kearny Financial 3.27%
29 VLY Valley National Bancorp 3.27%
30 OCFC OceanFirst Financial Corp. 3.25%
31 PKBK Parke Bancorp, Inc. 3.25%
32 FCF First Commonwealth Financial Corporation 3.22%
33 EVBN Evans Bancorp, Inc. 3.20%
34 NFBK Northfield Bancorp, Inc. 3.19%
35 BRKL Brookline Bancorp, Inc. 3.10%
36 LBAI Lakeland Bancorp, Inc. 3.05%
37 CAC Camden National Corporation 3.03%
38 ESSA ESSA Bancorp, Inc. - common stock 3.01%
39 UVSP Univest Financial Corporation 3.00%
40 ORRF Orrstown Financial Services Inc 2.98%
41 WBS Webster Financial Corporation 2.94%
42 NBTB NBT Bancorp Inc. 2.93%
43 CHMG Chemung Financial Corp 2.91%
44 AROW Arrow Financial Corporation 2.88%
45 DCOM Dime Community Bancshares, Inc. 2.85%
46 CATC Cambridge Bancorp 2.82%
47 TMP Tompkins Financial Corporation 2.70%
48 LSBG Lake Sunapee Bk Cmn 2.59%
49 BPRN The Bank of Princeton 2.56%
50 ASRV AmeriServ Financial Inc. 2.53%
51 SAL Salisbury Bancorp, Inc. 2.52%
52 INDB Independent Bank Corp. 2.47%
53 WNEB Western New England Bancorp, Inc. 2.47%
54 WVFC WVS Financial Corp. 2.42%
55 FDBC Fidelity D & D Bancorp, Inc. 2.31%
56 EBTC Enterprise Bancorp Inc 2.21%
57 CVLY Codorus Valley Bancorp, Inc 2.21%
58 CBU Community Bank System, Inc. 2.16%
59 AMAL Amalgamated Financial Corp. 2.12%
60 PBIP Prudential Bancorp, Inc. 2.07%
61 FCCY 1st Constitution Bancorp (NJ) 2.02%
62 BWFG Bankwell Financial Group, Inc. 2.01%
63 EBSB Meridian Bancorp, Inc. 1.91%
64 MRBK Meridian Corporation 1.88%
65 SBBX SB One Bancorp 1.84%
66 PBHC Pathfinder Bancorp, Inc. 1.77%
67 BHLB Berkshire Hills Bancorp, Inc. 1.72%
68 GCBC Greene County Bancorp, Inc. 1.71%
69 CNOB ConnectOne Bancorp, Inc. 1.65%
70 UNTY Unity Bancorp, Inc. 1.64%
71 BPFH Boston Private Financial Holdings, Inc. 1.63%
72 SIFI SI Financial Group, Inc. 1.62%
73 CSBK Clifton Bancorp Inc. 1.54%
74 BNCL Beneficial Bancorp, Inc. 1.49%
75 HONE HarborOne Bancorp, Inc. 1.38%
76 PCSB PCSB Financial Corporation 1.33%
77 TRCB Two River Bancorp 1.25%
78 STL Sterling Bancorp 1.12%
79 HTBI HomeTrust Bancshares, Inc. 1.11%
80 PVBC Provident Bancorp, Inc. 0.97%
81 SBNY Signature Bank 0.92%
82 AF Astoria Financial Corporation 0.74%
83 HIFS Hingham Institution for Savings 0.68%
84 CNBKA Century Bancorp, Inc. - 0.63%
85 PGC Peapack-Gladstone Financial Corporation 0.63%
86 SNBC Sun Bancorp, Inc. 0.16%
87 NBN Northeast Bank 0.14%
88 PNBK Patriot National Bancorp Inc. 0.00%
89 BLMT BSB Bancorp, Inc. 0.00%
90 MCB Metropolitan Bank Holding Corp. 0.00%
91 PBFS Pioneer Bancorp, Inc. 0.00%
92 ESQ Esquire Financial Holdings, Inc. 0.00%
93 SBT Sterling Bancorp, Inc. 0.00%
94 CLBK Columbia Financial, Inc. 0.00%
95 PDLB PDL Community Bancorp 0.00%
96 TSC TriState Capital Holdings, Inc. 0.00%
97 BKJ Bancorp of New Jersey, Inc 0.00%
98 CARV Carver Bancorp, Inc. 0.00%
99 WMPN William Penn Bancorporation 0.00%
100 MGYR Magyar Bancorp, Inc. 0.00%
101 FBNK First Connecticut Bancorp, Inc. 0.00%
102 CUBI Customers Bancorp, Inc 0.00%
103 RNDB Randolph Bancorp, Inc. 0.00%
104 FRBK Republic First Bancorp, Inc. 0.00%
105 STND Standard AVB Financial Corp. 0.00%

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