Oconee Federal Financial (Oconee Federal Financial) Dividend Payout Ratio : 1.37 (As of Sep. 2023)

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What is Oconee Federal Financial Dividend Payout Ratio?

Oconee Federal Financial's dividend payout ratio for the 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.

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

OFED' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.58 Max: 0.78
Current: 0.78

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.

OFED's Dividend Payout Ratio is ranked worse than
90.67% of 1093 companies
in the Banks industry
Industry Median: 0.35 vs OFED: 0.78

As of today (2024-05-13), the Dividend Yield % of Oconee Federal Financial is 3.12%.

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

Oconee Federal Financial's Dividends per Share for the 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 Payout Ratio Historical Data

The historical data trend for Oconee Federal Financial's Dividend Payout Ratio 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 Payout Ratio Chart

Oconee Federal Financial Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Dividend Payout Ratio

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0.77

0.63

0.60

0.56

0.55

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 Payout Ratio	Get a 7-Day Free Trial															0.56	0.42	0.50	0.91	1.37

Competitive Comparison of Oconee Federal Financial's Dividend Payout Ratio

For the Banks - Regional subindustry, Oconee Federal Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio Distribution in the Banks Industry

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

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

Oconee Federal Financial Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Oconee Federal Financial's Dividend Payout Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2022 )	/	EPS without NRI (A: Jun. 2022 )
	=	0.4	/	0.73
	=	0.55

Oconee Federal Financial's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.1	/	0.073
	=	1.37

Oconee Federal Financial (OTCPK:OFED) Dividend Payout Ratio Explanation

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.

Oconee Federal Financial Dividend Payout Ratio Related Terms

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

Oconee Federal Financial (Oconee Federal Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oconee Federal Financial Corp (OTCPK:OFED) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 East North Second Street, Seneca, SC, USA, 29678

Website

https://www.oconeefederal.com

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 Annual Financial Results

By Business Wire Business Wire • 08-14-2020

Oconee Federal Financial Corp. Announces Annual Financial Results

By Business Wire Business Wire • 08-13-2021

Oconee Federal Financial Corp. Announces Quarterly Financial Results

By Business Wire Business Wire • 04-24-2020

Oconee Federal Financial Corp. Announces Annual Financial Results

By Business Wire Business Wire • 08-12-2022

Oconee Federal Financial Corp. Announces Voluntary NASDAQ Delisting and SEC Deregistration

By Business Wire • 07-20-2023

Oconee Federal to Merge With Mutual Savings Bank

By Business Wire • 07-20-2023