Oconee Federal Financial (NASDAQ:OFED) Stock Price Down 0.2%

Oconee Federal Financial Corp. (NASDAQ:OFED) shares were down 0.2% during trading on Thursday . The stock traded as low as $12.48 and last traded at $12.48. Approximately 698 shares changed hands during trading, a decline of 53% from the average daily volume of 1,495 shares. The stock had previously closed at $12.51.

Oconee Federal Financial Stock Performance

The company’s 50 day moving average price is $12.86 and its 200 day moving average price is $12.90. The company has a market cap of $72.87 million, a price-to-earnings ratio of 16.42 and a beta of 0.25.

Oconee Federal Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 22nd. Shareholders of record on Thursday, August 8th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend was Thursday, August 8th. Oconee Federal Financial’s dividend payout ratio (DPR) is presently 52.63%.

About Oconee Federal Financial

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.