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Oconee Federal Financial (NASDAQ:OFED) Trading Down 0.1% - What's Next?

Oconee Federal Financial logo with Finance background

Key Points

  • Oconee Federal Financial's stock price declined by 0.1% on Friday, trading at $16.00, with a significant drop in trading volume, down 88% from the average session.
  • The company declared a quarterly dividend of $0.10 per share, resulting in an annualized dividend of $0.40, yielding 2.5% with a payout ratio of 54.79%.
  • Oconee Federal Financial Corp. operates primarily in northwestern South Carolina and northeast Georgia, offering various banking products and services.
  • MarketBeat previews top five stocks to own in November.

Oconee Federal Financial Corp. (NASDAQ:OFED - Get Free Report)'s stock price fell 0.1% during trading on Friday . The stock traded as low as $16.00 and last traded at $16.00. 100 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 843 shares. The stock had previously closed at $16.02.

Oconee Federal Financial Trading Down 0.1%

The company has a market cap of $93.20 million, a price-to-earnings ratio of 12.40 and a beta of -0.03. The business's 50 day moving average price is $14.20 and its 200-day moving average price is $13.00.

Oconee Federal Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Thursday, August 7th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.5%. Oconee Federal Financial's payout ratio is currently 54.79%.

Oconee Federal Financial Company Profile

(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.

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