Oconee Federal Financial Corp. (NASDAQ:OFED) Declares Quarterly Dividend of $0.10

Oconee Federal Financial Corp. (NASDAQ:OFED) declared a quarterly dividend on Thursday, October 24th, NASDAQ reports. Shareholders of record on Thursday, November 7th will be paid a dividend of 0.10 per share by the savings and loans company on Thursday, November 21st. This represents a $0.40 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date is Thursday, November 7th.

Oconee Federal Financial Stock Performance

Shares of OFED remained flat at $14.47 during mid-day trading on Friday. 12 shares of the stock traded hands, compared to its average volume of 308. The company has a fifty day moving average of $13.24 and a 200-day moving average of $13.01. The company has a market capitalization of $84.50 million, a P/E ratio of 12.26 and a beta of 0.25. Oconee Federal Financial has a 1-year low of $10.36 and a 1-year high of $14.47.

Oconee Federal Financial (NASDAQ:OFED) last released its earnings results on Monday, September 23rd. The savings and loans company reported $0.41 EPS for the quarter. The business had revenue of $4.95 million during the quarter.

About Oconee Federal Financial

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee and Pickens County areas of northwestern South Carolina, and the northeast area of Georgia in Stephens County and Rabun County.