OceanFirst Financial (NASDAQ:OCFCP) Stock Price Up 0.1% – Still a Buy?

OceanFirst Financial Corp. (NASDAQ:OCFCPGet Free Report)’s share price rose 0.1% during mid-day trading on Wednesday . The company traded as high as $25.06 and last traded at $25.06. Approximately 1,082 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 3,406 shares. The stock had previously closed at $25.03.

OceanFirst Financial Price Performance

The stock’s fifty day simple moving average is $25.22 and its 200-day simple moving average is $25.12.

OceanFirst Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 17th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.4375 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.98%.

About OceanFirst Financial

(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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