Business Context and Reporting Period
Company: OceanFirst Financial Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: January 21, 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 only financial data disclosed relates to the dividend declaration:
- Dividend Amount: $0.4375 per depositary share.
- Security: 7.0% Series A Non-Cumulative, Perpetual Preferred Stock (represented by depositary shares, each representing a 1/40th interest).
- Record Date: January 31, 2022.
- Payment Date: February 15, 2022.
Material Changes
The filing does not report material changes to the company's financial position, operations, or capital structure compared to prior periods, other than the specific dividend obligation announced.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is a regulatory disclosure strictly regarding the dividend declaration.
Investor Verification Checklist
- Verify the ex-dividend date to determine eligibility for the $0.4375 payment.
- Confirm the payment date of February 15, 2022.
- Review the attached press release (Exhibit 99.1) for any additional context not included in the 8-K text.
- Note that this filing does not provide updated financial performance data; refer to the most recent 10-Q or 10-K for operational metrics.