GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OceanFirst Financial Corp (NAS:OCFC) » Definitions » 5-Year Yield-on-Cost %

OCFC (OceanFirst Financial) 5-Year Yield-on-Cost % : 6.18 (As of Apr. 16, 2025)


View and export this data going back to 1996. Start your Free Trial

What is OceanFirst Financial 5-Year Yield-on-Cost %?

OceanFirst Financial's yield on cost for the quarter that ended in Dec. 2024 was 6.18.


The historical rank and industry rank for OceanFirst Financial's 5-Year Yield-on-Cost % or its related term are showing as below:

OCFC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.1   Med: 3.69   Max: 7.82
Current: 6.18


During the past 13 years, OceanFirst Financial's highest Yield on Cost was 7.82. The lowest was 2.10. And the median was 3.69.


OCFC's 5-Year Yield-on-Cost % is ranked better than
64.89% of 1259 companies
in the Banks industry
Industry Median: 5.04 vs OCFC: 6.18

Competitive Comparison of OceanFirst Financial's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, OceanFirst Financial's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OceanFirst Financial's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OceanFirst Financial's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where OceanFirst Financial's 5-Year Yield-on-Cost % falls into.


;
;

OceanFirst Financial 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of OceanFirst Financial is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

OceanFirst Financial  (NAS:OCFC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


OceanFirst Financial 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of OceanFirst Financial's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


OceanFirst Financial Business Description

Traded in Other Exchanges
Address
110 West Front Street, Red Bank, NJ, USA, 07701
OceanFirst Financial Corp is engaged in the banking sector of the United States. It conducts the business of attracting retail and business deposits and investing them in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate loans. The company's sole segment deals with the delivery of loan and deposit products to customers. The bank's revenues are derived principally from interest on its loans, and to a lesser extent, interest on its investment and mortgage-backed securities. The rest of its income is dependent on bank card services and wealth management products and services.
Executives
Murphy Joseph M. Jr. director 110 WEST FRONT STREET, RED BANK NJ 07701
Brian Schaeffer other: EVP & CIO, OceanFirst Bank 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Christopher Maher director, officer: Chairman, President and CEO 209 HAVEMEYER STREET, BROOKLYN NY 11211
Steven James Tsimbinos officer: Executive VP/Corp. Secretary C/O OCEANFIRST BANK, 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Anthony Iii Giordano other: Chief Retail Officer, OFB 4 KELLY LANE, LONG BRANCH NJ 07740
Joseph Iii Lebel other: EVP, CBO OceanFirst Bank 975 HOOPER AVENUE, TOMS RIVER NJ 08754
Michele B Estep officer: Chief Administrative Officer 226 LANDIS AVENUE, VINELAND NJ 08360
Angela K Ho officer: SVP/Chief Accounting Off. 975 HOOPER AVENUE, TOMS RIVER NJ 08753
John F Barros director 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Robert C Garrett director 110 WEST FRONT STREET, RED BANK NJ 07701
David Berninger officer: EVP & Chief Risk Officer 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Dalila Wilson-scott director 110 WEST FRONT STREET, RED BANK NJ 07701
Oceanfirst Financial Corp director 975 HOOPER AVENUE, TOMS RIVER NJ 08723
Jack M. Farris director C/O OCEANFIRST BANK, 975 HOOPER AVE., TOMS RIVER NJ 08754
Patrick Sean Barrett officer: Executive Vice President & CFO C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602