OCFC

Business Context and Reporting Period

Company: OceanFirst Financial Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: July 19, 2022
Event Reported: Declaration of a quarterly cash dividend on Series A Preferred Stock.

Key Financial Metrics

This filing does not contain comprehensive financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The report focuses exclusively on a specific corporate action regarding preferred stock dividends.

Material Changes

No material changes to the company's financial condition or operations are reported in this document. The filing serves to disclose a dividend declaration.

Guidance, Outlook, and Management Commentary

Dividend Declaration: On July 19, 2022, the Board of Directors declared a quarterly cash dividend of $0.4375 per depositary share. Each depositary share represents a 1/40th interest in a share of 7.0% Series A Non-Cumulative, perpetual preferred stock.
Payment Details:

• Payable Date: August 15, 2022
• Record Date: July 29, 2022

The filing incorporates a press release (Exhibit 99.1) by reference but notes that the exhibit is "furnished" and not "filed" for legal purposes.

Investor Verification Checklist

• Verify the record date of July 29, 2022, to confirm eligibility for the dividend.
• Confirm the payment date of August 15, 2022, for cash flow planning.
• Review the full text of the press release (Exhibit 99.1) for any additional context not included in the 8-K summary.
• Check subsequent filings for the actual payment of the declared dividend.