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Oconee Federal Financial (Oconee Federal Financial) Dividend Yield % : 3.12% (As of May. 12, 2024)


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What is Oconee Federal Financial Dividend Yield %?

As of today (2024-05-12), the Trailing Annual Dividend Yield of Oconee Federal Financial is 3.12%.

Good Sign:

Oconee Federal Financial Corp stock dividend yield is close to 10-year high.

The historical rank and industry rank for Oconee Federal Financial's Dividend Yield % or its related term are showing as below:

OFED' s Dividend Yield % Range Over the Past 10 Years
Min: 1.32   Med: 1.77   Max: 3.27
Current: 3.12

During the past 13 years, the highest Dividend Yield of Oconee Federal Financial was 3.27%. The lowest was 1.32%. And the median was 1.77%.

OFED's Dividend Yield % is ranked worse than
66.67% of 1191 companies
in the Banks industry
Industry Median: 3.97 vs OFED: 3.12

Oconee Federal Financial's Dividend Payout Ratio for the three months ended in Sep. 2023 was 1.37.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Oconee Federal Financial Corp is 0.78, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Oconee Federal Financial was 0.78. The lowest was 0.42. And the median was 0.58.

As of today (2024-05-12), the Forward Dividend Yield % of Oconee Federal Financial is 3.12%.

Oconee Federal Financial's Dividends per Share for the three months ended in Sep. 2023 was $0.10.

During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Oconee Federal Financial was 26.00% per year. The lowest was 10.10% per year. And the median was 18.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Oconee Federal Financial Dividend Yield % Historical Data

The historical data trend for Oconee Federal Financial's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oconee Federal Financial Dividend Yield % Chart

Oconee Federal Financial Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.74 1.55 1.71 1.85

Oconee Federal Financial Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.85 1.66 1.60 2.16 3.14

Competitive Comparison of Oconee Federal Financial's Dividend Yield %

For the Banks - Regional subindustry, Oconee Federal Financial's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oconee Federal Financial's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Oconee Federal Financial's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Oconee Federal Financial's Dividend Yield % falls into.



Oconee Federal Financial Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Oconee Federal Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1000002024-05-082024-05-092024-05-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002024-02-072024-02-082024-02-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002023-11-082023-11-092023-11-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002023-08-172023-08-182023-08-25Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Oconee Federal Financial's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.4/12.82
=3.12 %

Current Share Price is $12.82.
Oconee Federal Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.4.

Oconee Federal Financial's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/12.82
=3.12 %

Current Share Price is $12.82.
Oconee Federal Financial's Dividends per Share for the forward twelve months is calculated as $0.1 * 4 = $0.4.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Oconee Federal Financial  (OTCPK:OFED) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Oconee Federal Financial Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Oconee Federal Financial's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Oconee Federal Financial (Oconee Federal Financial) Business Description

Traded in Other Exchanges
N/A
Address
201 East North Second Street, Seneca, SC, USA, 29678
Oconee Federal Financial Corp is a United States-based stock holding company. The company through its subsidiaries provides banking products and services in the us states of South Carolina and Georgia. Its principal business activity involves attracting retail deposits from the public and investing those deposits, together with funds generated from operations, in one-to-four family residential mortgage loans and, to a lesser extent, non-residential mortgage, construction and land, agricultural, and other loans.
Executives
Curtis T Evatt director, officer: EVP and CFO C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Charles Todd Latiff officer: Senior Vice President 201 EAST NORTH SECOND STREET, SENECA SC 29678
David H Stafford officer: SVP and COO 201 E. NORTH SECOND STREET, SENECA SC 29678
John William Hobbs officer: SVP and CFO 6650 CALHOUN MEMORIAL HWY, EASLEY SC 29640
H Allen Salter officer: SVP and CFO C/O OCONEE FEDERAL FINANCIAL CORP., 201 EAST NORTH SECOND STREET, SENECA SC 29678
Sandifer Cecil T Jr. director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
T. Rhett Evatt director, officer: President and CEO C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Mays Harry B Jr. director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Mclellan Robert N Jr. director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
W. Maurice Poore director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Nancy M Carter officer: Senior VP and Asst. Treasurer C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678

Oconee Federal Financial (Oconee Federal Financial) Headlines

From GuruFocus

Oconee Federal Financial Corp. Announces Quarterly Financial Results

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Oconee Federal Financial Corp. Announces Annual Financial Results

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Oconee Federal Financial Corp. Announces Annual Financial Results

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Oconee Federal Financial Corp. Announces Annual Financial Results

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