OceanFirst Financial (NASDAQ:OCFCP) Shares Up 0.1% – Time to Buy?

OceanFirst Financial Corp. (NASDAQ:OCFCP)’s share price traded up 0.1% during trading on Monday . The company traded as high as $25.00 and last traded at $25.00. 1,049 shares were traded during mid-day trading, a decline of 62% from the average session volume of 2,736 shares. The stock had previously closed at $24.97.

OceanFirst Financial Stock Up 0.2 %

The stock has a fifty day simple moving average of $25.15 and a 200 day simple moving average of $24.88.

OceanFirst Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.4375 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.75 annualized dividend and a dividend yield of 6.96%.

OceanFirst Financial Company Profile

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.