OceanFirst Financial Corp's Preferred Stock About To Put More Money In Your Pocket

On 7/31/24, OceanFirst Financial Corp's 7.00% Dep Shares Fix Float Non-Cumul Prfd Stock Ser A (OCFCP) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 8/15/24. As a percentage of OCFCP's recent share price of $25.23, this dividend works out to approximately 1.73%, so look for shares of OCFCP to trade 1.73% lower — all else being equal — when OCFCP shares open for trading on 7/31/24..