On March 30, Oconee Federal Financial Corp Authorized A Stock Repurchase Program; Intends To Purchase Up To 50,000 Of Its Issued And Outstanding Shares Of Common Stock
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Oconee Federal Financial Corp. (OTC:OFED) ("the Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), and the majority-owned subsidiary of Oconee Federal, MHC ("the MHC"), has completed its acquisition of Mutual Savings Bank ("Mutual"). Mutual's office has become a branch office of Oconee Federal. As part of the transaction, the Company has issued 230,215 shares of its common stock to the MHC, or $3.2 million, which is equal to the fair value of Mutual as determined by a third-party appraisal. The transaction has increased the Company's consolidated assets to approximately $660 million. Furthermore, the transaction was immediately accretive to
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 November 7, 2024, and will be paid on or about November 21, 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 Carolin
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $790 thousand, or $0.14 per diluted share, for the quarter ended September 30, 2024, which was more than the net income of $312 thousand, or $0.06 per diluted share, for the quarter ended September 30, 2023. September 30, 2024 Quarter End Summary: Fifty-two consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $660.8 million, a decrease of 0.72% from $665.6 million at June 30, 2024. Total loans outstanding were $468.6 million, down from $469.7 million at
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $6.3 million, or $1.10 per diluted share, for the year ended June 30, 2024, which was more than the net income of $3.3 million, or $0.60 per diluted share, for the year ended June 30, 2023. June 30, 2024 Year End Summary: Fifty-one consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $665.6 million, an increase of 11.8% from $595.4 million at June 30, 2023. Total loans outstanding were $469.7 million, up from $411.5 million at June 30, 2023. "The
At the end of today, August 25, 2023, Oconee Federal Finl (OTC:OFED) will distribute a dividend payout of $0.10 per share, translating to an annualized dividend yield of 3.14%. Shareholders who held the stock before the ex-dividend date on August 17, 2023 will benefit from this payout. Oconee Federal Finl Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; }
Oconee Federal Financial Corp. (the "Company") (NASDAQ:OFED), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today that it has notified the NASDAQ Stock Market of the Company's intent to voluntarily delist its common stock from the NASDAQ Capital Market. The Company further intends to withdraw the registration of its common stock with the U.S. Securities and Exchange Commission (the "SEC") under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). By a separate press release, the Company announced the execution of an agreement pursuant to which Mutual Savings Bank, a federally-chartered mutual savings bank, will merge with
15-12G - Oconee Federal Financial Corp. (0001501078) (Filer)
8-K - Oconee Federal Financial Corp. (0001501078) (Filer)
S-8 POS - Oconee Federal Financial Corp. (0001501078) (Filer)
4 - Oconee Federal Financial Corp. (0001501078) (Issuer)
4 - Oconee Federal Financial Corp. (0001501078) (Issuer)
4 - Oconee Federal Financial Corp. (0001501078) (Issuer)
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 November 7, 2024, and will be paid on or about November 21, 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 Carolin
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $790 thousand, or $0.14 per diluted share, for the quarter ended September 30, 2024, which was more than the net income of $312 thousand, or $0.06 per diluted share, for the quarter ended September 30, 2023. September 30, 2024 Quarter End Summary: Fifty-two consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $660.8 million, a decrease of 0.72% from $665.6 million at June 30, 2024. Total loans outstanding were $468.6 million, down from $469.7 million at
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $6.3 million, or $1.10 per diluted share, for the year ended June 30, 2024, which was more than the net income of $3.3 million, or $0.60 per diluted share, for the year ended June 30, 2023. June 30, 2024 Year End Summary: Fifty-one consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $665.6 million, an increase of 11.8% from $595.4 million at June 30, 2023. Total loans outstanding were $469.7 million, up from $411.5 million at June 30, 2023. "The