Oceanfirst Financial dividend yield calculator – OceanFirst Financial Corp Declares 0.2 Cash Dividend
June 18, 2023
🌥️Dividends Yield
OceanFirst Financial Corp declared a 0.2 Cash Dividend on May 26, 2023. If you are looking for dividend-paying stocks, OCEANFIRST FINANCIAL ($NASDAQ:OCFC) may be one to consider. The company has maintained a steady annual dividend per share for the last three years – 2021-2023 – at 0.77, 0.74, and 0.68 USD respectively, resulting in dividend yields of 3.77%, 3.56%, and 3.23%. This gives an average dividend yield of 3.52%.
The ex-dividend date for the 0.2 Cash Dividend is May 5, 2023. Investors looking for a reliable dividend-paying stock may find that OCEANFIRST FINANCIAL fits the bill. This cash dividend is the latest in a consistent pattern of dividend declarations from the company in the last three years and is a sign of their commitment to returning value to their shareholders.
Share Price
This news caused the stock price to rise to $14.8, a 0.9% increase from the prior closing price of $14.6. The company has taken into consideration the economic environment and its current financial position before committing to the dividend payment. This declaration indicates a positive outlook for the company in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Oceanfirst Financial. More…
| Total Revenues | Net Income | Net Margin |
| – | 144.71 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Oceanfirst Financial. More…
| Operations | Investing | Financing |
| 250.45 | -1.32k | 1.01k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Oceanfirst Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.56k | 11.94k | – |
Key Ratios Snapshot
Some of the financial key ratios for Oceanfirst Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.9% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Oceanfirst Financial Intrinsic Value Calculator
At GoodWhale, we have conducted a thorough analysis of OCEANFIRST FINANCIAL‘s fundamentals. Our proprietary Valuation Line has calculated that the fair value of OCEANFIRST FINANCIAL share is around $23.5. However, at present, the stock is trading for $14.8, which is an undervaluation of 37.0%. This presents investors with an attractive opportunity to purchase the stock at a discount. We recommend taking advantage of this situation for a potentially lucrative return. More…
Peers
OceanFirst Financial Corp faces competition from a range of financial organizations, including QNB Corp, SmartFinancial Inc, and First Bancshares Inc/MO/. As the banking industry continues to evolve and adjust to the changing economic landscape, OceanFirst Financial Corp must strive to remain competitive in order to stay ahead of its rivals.
– QNB Corp ($OTCPK:QNBC)
QNB Corp is a financial services company that provides banking, investment, and insurance services to individuals, businesses, and communities. As of 2022, the company has a market cap of 94.24M. This market cap indicates the total value of the company’s outstanding shares. QNB Corp’s market capitalization is an important indicator of the company’s financial health, as it reflects the value of the company as perceived by investors. The larger the market cap, the more valuable the company is perceived to be by investors.
– SmartFinancial Inc ($NASDAQ:SMBK)
SmartFinancial Inc is a financial services company based in the United States. It provides banking services, insurance services, and wealth management services to individuals, businesses, and institutions. As of 2022, SmartFinancial Inc has a market cap of 469.66M. This market cap reflects the company’s estimated worth, which is determined by multiplying the company’s current share price by the total number of shares outstanding. Market capitalization is an important metric used to measure the overall size and value of a company. It is one of the most reliable indicators of a company’s financial performance and health.
– First Bancshares Inc /MO/ ($OTCPK:FBSI)
First Bancshares Inc /MO/ is a holding company that provides banking services in the Midwest United States. As of 2022, the company has a market cap of 44.99M and is traded on the NASDAQ exchange. With a market cap of 44.99M, First Bancshares Inc /MO/ is considered to be a mid-cap company and is a relatively small but profitable financial institution. The company’s main focus is on providing banking services such as consumer banking, corporate banking, investment banking, and wealth management services. In addition to this, First Bancshares Inc also offers trust services, mortgage services, and merchant services to its customers.
Summary
Investing in OceanFirst Financial is an attractive option for those looking for a dividend-paying stock. Over the last three years, the dividend per share has been 0.77, 0.74 and 0.68 USD with corresponding dividend yields of 3.77%, 3.56% and 3.23%. This gives an average dividend yield of 3.52%. Investors should consider OceanFirst Financial’s historical financial data to gain a better understanding of its past performance, as well as its current financial position and outlook.
Additionally, investors should look at any potential risks associated with investing in this stock, such as macroeconomic conditions and sector performance. All of these factors should be taken into account when analyzing whether OceanFirst Financial is a suitable investment for you.
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