OceanFirst Financial Corp. announced on July 27, 2022, the board of directors approved an increase to the quarterly cash dividend by $0.03, or 18%, to $0.20 per share. The company's board of directors declared its 102nd consecutive quarterly cash dividend on common stock.

The quarterly cash dividend on common stock was increased to $0.20 per share and will be paid on August 19, 2022 to common stockholders of record on August 8, 2022.