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Oconee Federal Financial Corp. Announces Quarterly Dividend

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Oconee Federal Financial Corp. (OTCQX: OFED) has announced a quarterly cash dividend of $0.10 per share for its common stock. The dividend will be payable to stockholders of record as of May 9, 2024. This decision reflects the company's commitment to returning value to its shareholders.
Oconee Federal Financial Corp. (OTCQX: OFED) ha annunciato un dividendo trimestrale in contanti di $0,10 per azione sul proprio capitale ordinario. Il dividendo sarà pagabile agli azionisti registrati al 9 maggio 2024. Questa decisione riflette l'impegno della società a restituire valore ai suoi azionisti.
Oconee Federal Financial Corp. (OTCQX: OFED) ha anunciado un dividendo en efectivo trimestral de $0,10 por acción para su acción común. El dividendo será pagadero a los accionistas registrados a fecha de 9 de mayo de 2024. Esta decisión refleja el compromiso de la compañía con retornar valor a sus accionistas.
오코니 페더럴 파이낸셜 코프(OTCQX: OFED)는 보통주에 대해 주당 0.10달러의 분기 배당금을 발표했습니다. 이 배당금은 2024년 5월 9일에 기록된 주주들에게 지급될 예정입니다. 이 결정은 회사가 주주들에게 가치를 환원하고자 하는 약속을 반영합니다.
Oconee Federal Financial Corp. (OTCQX: OFED) a annoncé un dividende en espèces trimestriel de 0,10 $ par action ordinaire. Le dividende sera payable aux actionnaires inscrits au 9 mai 2024. Cette décision reflète l'engagement de la société à rendre de la valeur à ses actionnaires.
Oconee Federal Financial Corp. (OTCQX: OFED) hat eine vierteljährliche Barausschüttung von 0,10 Dollar pro Aktie für ihre Stammaktien angekündigt. Die Dividende wird am 9. Mai 2024 an die eingetragenen Aktionäre zahlbar sein. Diese Entscheidung spiegelt das Engagement des Unternehmens wider, seinen Aktionären Wert zurückzugeben.
Positive
  • Oconee Federal Financial Corp. declares a quarterly cash dividend of $0.10 per share for its common stock.
  • The dividend will be paid to stockholders of record as of May 9, 2024.
  • This move demonstrates the company's dedication to providing returns to its shareholders.
Negative
  • None.

SENECA, S.C.--(BUSINESS WIRE)-- Oconee Federal Financial Corp. (OTCQX: OFED) (the “Company”), the holding company for Oconee Federal Savings and Loan Association (“Oconee Federal”), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company’s common stock. The dividend will be payable to stockholders of record as of May 9, 2024, and will be paid on or about May 23, 2024.

About Oconee Federal

Oconee Federal Financial Corp. (OTCQX: OFED) is the holding company of Oconee Federal Savings and Loan Association. Oconee Federal Savings and Loan Association is a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carolina. Oconee Federal Savings and Loan Association is a community oriented financial institution operating nine full-service branch locations in Oconee County, South Carolina, Pickens County, South Carolina, Darlington County, South Carolina, Stephens County, Georgia and Rabun County, Georgia.

For financial information, please access our investor information page on our website at www.oconeefederal.com.

Forward-Looking Statements

This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on current expectations, estimates and projections about the Company’s and the Association’s industry, and management’s beliefs and assumptions. Words such as anticipates, expects, intends, plans, believes, estimates and variations of such words and expressions are intended to identify fiscal year forward-looking statements. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to forecast. Therefore, actual results may differ materially from those expressed or forecast in such forward-looking statements. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information or otherwise.

Curtis T. Evatt

President & Chief Executive Officer

Oconee Federal Financial Corp.

864-882-2765

Source: Oconee Federal Financial Corp.

FAQ

What dividend has Oconee Federal Financial Corp. (OFED) announced?

Oconee Federal Financial Corp. has announced a quarterly cash dividend of $0.10 per share for its common stock.

When will the dividend be payable to stockholders?

The dividend will be payable to stockholders of record as of May 9, 2024.

What is the ticker symbol for Oconee Federal Financial Corp.?

The ticker symbol for Oconee Federal Financial Corp. is OFED.

OCONEE FEDERAL FINCL CORP

OTC:OFED

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OFED Stock Data

73.64M
1.51M
66.63%
0.11%
Savings Institutions
Finance and Insurance
Link
United States of America
Seneca

About OFED

oconee federal savings and loan association is a federally chartered savings and loan association headquartered in seneca, south carolina. oconee federal savings and loan association was originally chartered by the state of south carolina in 1924 as seneca building and loan association. in 1958, it changed its name to “oconee savings and loan association” and in 1991 it converted to a federal charter under the name “oconee federal savings and loan association.” oconee federal financial corp. is a federally-chartered corporation that was incorporated in january, 2011 to be the mid-tier stock holding company for oconee federal savings and loan association in connection with the mutual-to-stock conversion of oconee federal savings and loan association. our principal business consists of attracting retail deposits from the general public in our market area and investing those deposits, together with funds generated from operations, in one‐ to four‐family residential mortgage loans and, to