Business Context and Reporting Period
Company: OceanFirst Financial Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: July 20, 2021
Event: 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, or debt metrics. The only financial data provided relates to the dividend declaration:
- Dividend Amount: $0.4375 per depositary share.
- Security: Depositary Shares representing a 1/40th interest in 7.0% Series A Non-Cumulative, perpetual preferred stock.
- Payment Date: August 16, 2021.
- Record Date: July 30, 2021.
Material Changes
The filing reports a specific corporate action (dividend declaration) rather than a material change in financial performance or operations compared to a prior period. No comparative financial data is provided in this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It strictly serves to disclose the dividend declaration pursuant to Regulation FD.
Investor Verification Checklist
- Verify the record date (July 30, 2021) to confirm eligibility for the dividend.
- Confirm the payment date (August 16, 2021) for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context not included in the 8-K summary.
- Note that this filing does not provide updated liquidity or debt positions; refer to the most recent 10-Q or 10-K for those metrics.