GlobeNewswire Inc | Jul 20, 2021 04:05PM EDT

July 20, 2021

RED BANK, N.J., July 20, 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 depositary share, representing 1/40th interest in the Series A Preferred Stock, payable on August16, 2021 to stockholders of record on July30, 2021.

OceanFirst Financial Corp.s subsidiary, OceanFirst Bank N.A., founded in 1902, is a regional bank providing financial services throughout New Jersey and in the major metropolitan markets of Philadelphia, New York, Baltimore, Washington D.C. and Boston.OceanFirst Bank delivers commercial and residential financing, treasury management, trust and asset management, and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey. To learn more about OceanFirst, go to www.oceanfirst.com.

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