Oconee Federal Financial (OFED) Declares $0.10 Quarterly Dividend

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Oconee Federal Financial (NASDAQ:OFED) announced a quarterly dividend on Thursday, April 25th, NASDAQ reports. Investors of record on Thursday, May 9th will be given a dividend of 0.10 per share by the savings and loans company on Thursday, May 23rd. This represents a $0.40 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, May 8th.

OFED traded down $0.86 during trading on Friday, reaching $25.26. 3,756 shares of the company traded hands, compared to its average volume of 2,076. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.93 and a quick ratio of 0.93. Oconee Federal Financial has a 12-month low of $22.26 and a 12-month high of $30.16. The firm has a market cap of $145.50 million, a P/E ratio of 51.41 and a beta of 0.09.

Separately, TheStreet raised shares of Oconee Federal Financial from a “c” rating to a “b” rating in a report on Wednesday, February 13th.

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Oconee Federal Financial Company Profile

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 County area of northwestern South Carolina and the northeast area of Georgia. The company's deposit products include demand, NOW, money market, savings, certificates of deposit, and individual retirement accounts.

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Dividend History for Oconee Federal Financial (NASDAQ:OFED)

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