OFED Ex-Dividend Reminder - 11/8/16

Looking at the universe of stocks we cover at Dividend Channel, on 11/8/16, Oconee Federal Financial Corp. (OFED) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 11/25/16. As a percentage of OFED's recent stock price of $23.21, this dividend works out to approximately 0.43%.

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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 1.72% 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 $16.50 per share, with $24.25 as the 52 week high point — that compares with a last trade of $23.21.

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

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