Oconee Financial Corporation Announces Annual Dividend
Oconee Financial Corporation (OTCQX: OSBK) has announced an increase in its annual cash dividend from $0.65 to $0.70 per share, reflecting the company's growth and financial strength.
Sentiment and the balance of points
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Rhea-AI Summary
Oconee Financial Corporation (OTCQX: OSBK) has announced an increase in its annual cash dividend from $0.65 to $0.70 per share, reflecting the company's growth and financial strength. The 2022 dividend will be payable on April 4, 2022, to shareholders recorded by March 11, 2022. This dividend increase is part of Oconee's commitment to maximizing shareholder value, as noted by President and CEO Neil Stevens.
Positive
- Annual cash dividend increased from $0.65 to $0.70 per share.
- Dividend payable on April 4, 2022, enhances shareholder income.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WATKINSVILLE, Ga., Feb. 24, 2022 /PRNewswire/ -- Oconee Financial Corporation ("Oconee") (OTCQX: OSBK) announced that the company's Board of Directors approved an annual 2022 common stock cash dividend of
The annual common stock cash dividend is payable April 4, 2022 to shareholders of record as of March 11, 2022.
Neil Stevens, President and CEO of Oconee Financial Corporation noted "we are pleased to announce an increase in our annual dividend from
About Oconee Financial Corporation
Oconee Financial Corporation is headquartered in Watkinsville, Georgia and operates four full-service branches and one limited service branch. In February 2022, Oconee State bank celebrated 62 years of service and continues to be the only locally owned and operated community bank headquartered in Oconee County. Oconee State Bank has proudly served the local community, providing an unparalleled commitment to personalized service, innovative products and solutions, and strives to bring exceptional value to our customers through local ownership, involvement and decision-making. We continuously strive to create remarkable experiences that significantly mark the lives of others.
View original content:https://www.prnewswire.com/news-releases/oconee-financial-corporation-announces-annual-dividend-301490152.html
SOURCE Oconee Financial Corporation
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