Oconee Federal Financial (NASDAQ:OFED) Trading Down 0.4%

Posted by Faye Duncan on Jul 13th, 2024

Oconee Federal Financial Corp. (NASDAQ:OFED – Get Free Report) was down 0.4% on Friday . The company traded as low as $12.65 and last traded at $12.65. Approximately 1,001 shares were traded during trading, an increase of 48% from the average daily volume of 677 shares. The stock had previously closed at $12.70.

Oconee Federal Financial Stock Performance

The company has a market cap of $73.88 million, a PE ratio of 16.64 and a beta of 0.26. The business’s 50-day moving average is $12.82 and its 200 day moving average is $13.20.

Oconee Federal Financial (NASDAQ:OFED – Get Free Report) last announced its quarterly earnings data on Friday, April 26th. The savings and loans company reported $0.57 earnings per share (EPS) for the quarter. The company had revenue of $7.52 million for the quarter.

Oconee Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 23rd. Shareholders of record on Thursday, May 9th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, May 8th. This represents a $0.40 annualized dividend and a yield of 3.16%. Oconee Federal Financial’s payout ratio is currently 52.63%.

About Oconee Federal Financial

(Get Free Report)

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 and Pickens County areas of northwestern South Carolina, and the northeast area of Georgia in Stephens County and Rabun County.