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. It offers deposit products, including demand, NOW, money market, savings, certificates of deposit, and individual retirement accounts. The company's loan portfolio comprises one-to-four family and multi-family residential mortgage loans; home equity loans and lines of credit; nonresidential real estate loans; construction and land loans; commercial and industrial loans; agricultural loans; and consumer and other loans. It operates through its executive office and eight branch offices located in Oconee and Pickens Counties, South Carolina; and Stephens and Rabun Counties, Georgia. The company was founded in 1924 and is based in Seneca, South Carolina. Oconee Federal Financial Corp. operates as a subsidiary of Oconee Federal, MHC.
Oconee Federal Financial Dividend Announcement
• Oconee Federal Financial announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-11-07
• Oconee Federal Financial annual dividend for 2024 was $0.40
• Oconee Federal Financial annual dividend for 2023 was $0.40
• Oconee Federal Financial's trailing twelve-month (TTM) dividend yield is 2.97%
• Oconee Federal Financial's payout ratio for the trailing twelve months (TTM) is 8.35%
Oconee Federal Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | $0.10 | quarterly | 2024-11-21 |
2024-08-08 | $0.10 | quarterly | 2024-08-22 |
2024-05-08 | $0.10 | quarterly | 2024-05-23 |
2024-02-07 | $0.10 | quarterly | 2024-02-22 |
2023-11-08 | $0.10 | quarterly | 2023-11-22 |
2023-08-17 | $0.10 | quarterly | 2023-08-25 |
2023-05-10 | $0.10 | quarterly | 2023-05-25 |
2023-02-08 | $0.10 | quarterly | 2023-02-23 |
2022-11-09 | $0.10 | quarterly | 2022-11-23 |
2022-08-10 | $0.10 | quarterly | 2022-08-25 |
2022-05-11 | $0.10 | quarterly | 2022-05-26 |
2022-02-09 | $0.10 | quarterly | 2022-02-24 |
2021-11-09 | $0.10 | quarterly | 2021-11-24 |
2021-08-04 | $0.10 | quarterly | 2021-08-19 |
2021-05-05 | $0.10 | quarterly | 2021-05-20 |
2021-02-10 | $0.10 | quarterly | 2021-02-25 |
2020-11-04 | $0.10 | quarterly | 2020-11-19 |
2020-08-05 | $0.10 | quarterly | 2020-08-20 |
2020-05-06 | $0.10 | quarterly | 2020-05-21 |
2020-02-05 | $0.10 | quarterly | 2020-02-20 |
2019-11-06 | $0.10 | quarterly | 2019-11-21 |
2019-08-07 | $0.10 | quarterly | 2019-08-22 |
2019-05-08 | $0.10 | quarterly | 2019-05-23 |
2019-02-06 | $0.10 | quarterly | 2019-02-21 |
2018-11-07 | $0.10 | quarterly | 2018-11-21 |
2018-08-01 | $0.10 | quarterly | 2018-08-16 |
2018-05-09 | $0.10 | quarterly | 2018-05-24 |
2018-02-07 | $0.10 | quarterly | 2018-02-22 |
2017-11-08 | $0.10 | quarterly | 2017-11-22 |
2017-08-08 | $0.10 | quarterly | 2017-08-24 |
2017-05-09 | $0.10 | quarterly | 2017-05-25 |
2017-02-07 | $0.10 | quarterly | 2017-02-23 |
2016-11-08 | $0.10 | quarterly | 2016-11-25 |
2016-08-09 | $0.10 | quarterly | 2016-08-25 |
2016-05-03 | $0.10 | quarterly | 2016-05-19 |
2016-02-09 | $0.10 | quarterly | 2016-02-25 |
2015-11-09 | $0.10 | quarterly | 2015-11-27 |
2015-08-11 | $0.10 | quarterly | 2015-08-27 |
2015-05-12 | $0.10 | quarterly | 2015-05-28 |
2015-02-10 | $0.10 | quarterly | 2015-02-26 |
2014-11-04 | $0.10 | quarterly | 2014-11-20 |
2014-08-05 | $0.10 | quarterly | 2014-08-21 |
2014-05-06 | $0.10 | quarterly | 2014-05-22 |
2014-02-11 | $0.10 | quarterly | 2014-02-27 |
2013-11-05 | $0.10 | quarterly | 2013-11-21 |
2013-08-13 | $0.10 | quarterly | 2013-08-29 |
2013-05-07 | $0.10 | quarterly | 2013-05-23 |
2013-02-05 | $0.10 | quarterly | 2013-02-21 |
Oconee Federal Financial Dividend per year
Oconee Federal Financial Dividend growth
Oconee Federal Financial Dividend Yield
Oconee Federal Financial current trailing twelve-month (TTM) dividend yield is 2.97%. Interested in purchasing Oconee Federal Financial stock? Use our calculator to estimate your expected dividend yield:
Oconee Federal Financial Financial Ratios
Oconee Federal Financial Dividend FAQ
Other factors to consider when evaluating Oconee Federal Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Oconee Federal Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Oconee Federal Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Oconee Federal Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Oconee Federal Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Oconee Federal Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Oconee Federal Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Oconee Federal Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Oconee Federal Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Oconee Federal Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.