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SENECA, S.C.--(BUSINESS WIRE)--Oconee Federal Financial Corp. (OTCQX: OFED) (the “Company”), the holding company for Oconee Federal Savings and Loan Association, announced an authorized stock repurchase program pursuant to which the Company intends to purchase up to 50,000 of its issued and outstanding shares of common stock, which represents approximately 0.86% of the Company's issued and outstanding shares. The timing of the purchases will depend on certain factors, including but not limited.
SENECA, S.C.--(BUSINESS WIRE)--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 May 8, 2025, and will be paid on or about May 22, 2025. About Oconee Federal Oconee Federal Financial Corp. (OTCQX: OFED) is the.
SENECA, S.C.--(BUSINESS WIRE)--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 $1.0 million, or $0.17 per diluted share, for the quarter ended March 31, 2025, which was less than the net income of $5 million, or $0.86 per diluted share, for the quarter ended March 31, 2024. However, a $4.9 million bargain purchase gain upon the completion of our acquisition of Mutu.
SENECA, S.C.--(BUSINESS WIRE)--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 February 6, 2025, and will be paid on or about February 20, 2025. About Oconee Federal Oconee Federal Financial Corp. (OTCQX: OF.
SENECA, S.C.--(BUSINESS WIRE)--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 $978 thousand, or $0.17 per diluted share, for the quarter ended December 31, 2024, which was more than the net income of $320 thousand, or $0.06 per diluted share, for the quarter ended December 31, 2023. December 31, 2024 Quarter End Summary: Fifty-three consecutive quarterly dividends.