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Oconee Federal Financial Corp. Announces Quarterly Dividend

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Oconee Federal Financial Corp. (OTCQX: OFED), the holding company for Oconee Federal Savings and Loan Association, has announced a quarterly cash dividend of $0.10 per share on its common stock. The dividend will be paid to stockholders of record as of August 8, 2024, with the payment scheduled for August 22, 2024. This announcement demonstrates the company's commitment to providing regular returns to its shareholders, potentially indicating financial stability and confidence in its ongoing operations.

Oconee Federal Financial Corp. (OTCQX: OFED), la società madre dell'Oconee Federal Savings and Loan Association, ha annunciato un dividendo in contante trimestrale di 0,10 $ per azione sulle sue azioni ordinarie. Il dividendo sarà pagato agli azionisti registrati al 8 agosto 2024, con il pagamento previsto per il 22 agosto 2024. Questo annuncio dimostra l'impegno della società a fornire rendimenti regolari ai suoi azionisti, suggerendo potenzialmente stabilità finanziaria e fiducia nelle sue operazioni in corso.

Oconee Federal Financial Corp. (OTCQX: OFED), la compañía matriz de Oconee Federal Savings and Loan Association, ha anunciado un dividendo en efectivo trimestral de $0.10 por acción sobre sus acciones ordinarias. El dividendo se pagará a los accionistas registrados hasta el 8 de agosto de 2024, con el pago programado para el 22 de agosto de 2024. Este anuncio demuestra el compromiso de la compañía de proporcionar retornos regulares a sus accionistas, lo que podría indicar estabilidad financiera y confianza en sus operaciones en curso.

오코니 연방 금융 회사 (OTCQX: OFED), 오코니 연방 저축 대출 협회의 모회사, 가 주간 현금 배당금으로 주당 0.10달러를 발표했습니다. 이 배당금은 2024년 8월 8일 기준 주주에게 지급되며, 지급은 2024년 8월 22일로 예정되어 있습니다. 이 발표는 회사가 주주에게 정기적인 수익을 제공하려는 의지를 보여주며, 재정적 안정성과 지속적인 운영에 대한 신뢰를 나타낼 수 있습니다.

Oconee Federal Financial Corp. (OTCQX: OFED), la société mère d'Oconee Federal Savings and Loan Association, a annoncé un dividende en espèces trimestriel de 0,10 $ par action sur ses actions ordinaires. Le dividende sera versé aux actionnaires enregistrés au 8 août 2024, avec un paiement prévu pour le 22 août 2024. Cette annonce démontre l'engagement de la société à fournir des rendements réguliers à ses actionnaires, suggérant potentiellement une stabilité financière et une confiance dans ses opérations en cours.

Oconee Federal Financial Corp. (OTCQX: OFED), die Holdinggesellschaft der Oconee Federal Savings and Loan Association, hat eine quartalsweise Barausschüttung von 0,10 $ pro Aktie auf ihre Stammaktien angekündigt. Die Ausschüttung wird an die Aktionäre gezahlt, die am 8. August 2024 in den Aufzeichnungen stehen, mit einer Auszahlung, die für den 22. August 2024 geplant ist. Diese Ankündigung zeigt das Engagement des Unternehmens, seinen Aktionären regelmäßige Renditen zu bieten und könnte auf finanzielle Stabilität und Vertrauen in die laufenden Geschäfte hinweisen.

Positive
  • Declared quarterly cash dividend of $0.10 per share
  • Consistent dividend payments indicate financial stability
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 August 8, 2024, and will be paid on or about August 22, 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.

Investor/Media Contact:

Curtis T. Evatt

President & Chief Executive Officer

Oconee Federal Financial Corp.

201 East North Second Street

Seneca, South Carolina

864-882-2765

Source: Oconee Federal Financial Corp.

FAQ

What is the dividend amount announced by Oconee Federal Financial Corp. (OFED) for Q3 2024?

Oconee Federal Financial Corp. (OFED) announced a quarterly cash dividend of $0.10 per share of common stock.

When is the record date for Oconee Federal Financial Corp.'s (OFED) Q3 2024 dividend?

The record date for Oconee Federal Financial Corp.'s (OFED) Q3 2024 dividend is August 8, 2024.

What is the payment date for Oconee Federal Financial Corp.'s (OFED) latest dividend?

The payment date for Oconee Federal Financial Corp.'s (OFED) latest dividend is on or about August 22, 2024.

How often does Oconee Federal Financial Corp. (OFED) pay dividends?

Based on the announcement of a quarterly dividend, Oconee Federal Financial Corp. (OFED) appears to pay dividends on a quarterly basis.

OCONEE FEDERAL FINCL CORP

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