OCFC

Business Context and Reporting Period

Company: OceanFirst Financial Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: October 20, 2020
Event: Declaration of a quarterly cash dividend on Series A Preferred Stock.

Key Financial Metrics

This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document is a regulatory disclosure regarding a specific corporate action (dividend declaration) rather than a periodic financial report.

Material Changes

No material changes to financial performance or operations are reported in this filing. The sole material event is the Board of Directors' declaration of a dividend.

Guidance, Outlook, and Management Commentary

Dividend Declaration: The Board declared a quarterly cash dividend of $0.4375 per share for every depository share (representing a 1/40th interest in the 7.0% Series A Non-Cumulative, perpetual preferred stock).
Payment Details:

• Payable Date: November 16, 2020
• Record Date: October 30, 2020

Management Commentary: The filing incorporates a press release (Exhibit 99.1) by reference but does not contain additional management commentary, guidance, or risk factors within the text of the 8-K itself.

Investor Verification Checklist

• Verify the record date (October 30, 2020) to confirm eligibility for the dividend.
• Confirm the payment date (November 16, 2020) for cash flow planning.
• Review the attached press release (Exhibit 99.1) for any additional context regarding the dividend declaration.
• Note that this filing does not provide updated financial statements; refer to the most recent 10-Q or 10-K for financial performance data.