Ex-Dividend Reminder: OceanFirst Financial, First Interstate BancSystem and Alexander's

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As a percentage of OCFC's recent stock price of $23.01, this dividend works out to approximately 0.74%, so look for shares of OceanFirst Financial Corp to trade 0.74% lower — all else being equal — when OCFC shares open for trading on 11/5/21. Similarly, investors should look for FIBK to open 0.98% lower in price and for ALX to open 1.63% lower, all else being equal.

Below are dividend history charts for OCFC, FIBK, and ALX, showing historical dividends prior to the most recent ones declared.

OceanFirst Financial Corp (NASDAQ:OCFC):

First Interstate BancSystem Inc (NASDAQ:FIBK):

Alexander's Inc (NYSE:ALX):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.96% for OceanFirst Financial Corp, 3.90% for First Interstate BancSystem Inc, and 6.53% for Alexander's Inc.

In Wednesday trading, OceanFirst Financial Corp shares are currently off about 0.3%, First Interstate BancSystem Inc shares are down about 0.2%, and Alexander's Inc shares are up about 0.1% on the day.