OFED Ex-Dividend Reminder - 8/13/13

Looking at the universe of stocks we cover at Dividend Channel, on 8/13/13, Oconee Federal Financial Corp. ( OFED) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 8/29/13. As a percentage of OFED's recent stock price of $17.15, this dividend works out to approximately 0.58%, so look for shares of Oconee Federal Financial Corp. to trade 0.58% lower — all else being equal — when OFED shares open for trading on 8/13/13.

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Below is a dividend history chart for OFED, showing historical dividends prior to the most recent $0.10 declared by Oconee Federal Financial Corp.:

OFED+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OFED is likely to continue, and whether the current estimated yield of 2.33% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OFED shares, versus its 200 day moving average:

Oconee Federal Financial Corp. 200 Day Moving Average Chart

Looking at the chart above, OFED's low point in its 52 week range is $12.43 per share, with $18.30 as the 52 week high point — that compares with a last trade of $17.15.

In Friday trading, Oconee Federal Financial Corp. shares are currently trading flat on the day.
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