GlobeNewswire Inc | Jan 19, 2021 04:01PM EST

January 19, 2021

RED BANK, N.J., Jan. 19, 2021 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), (the Company), announced that its Board of Directors has declared a quarterly cash dividend of $0.4375 per share for every depository share, representing 1/40th interest in the Series A Preferred Stock, payable on February 15, 2021 to stockholders of record on January 29, 2021.

OceanFirst Financial Corp.s subsidiary, OceanFirst Bank N.A., founded in 1902, is a regional bank operating throughout New Jersey, metropolitan Philadelphia and metropolitan New York City. OceanFirst Bank delivers commercial and residential financing solutions, trust and asset management and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey.

OceanFirst Financial Corp.s press releases are available by visiting us at www.oceanfirst.com.

Company Contact: Michael J. FitzpatrickChief Financial OfficerOceanFirst Financial Corp. Tel: (732) 240-4500, ext. 7506Email: Mfitzpatrick@oceanfirst.com