Oconee Financial Corporation Announces Increase in Annual Dividend
OCONEE FINL CORP (OSBK)
Company Research
Source: PR Newswire
WATKINSVILLE, Ga., Feb. 26, 2024 /PRNewswire/ -- Oconee Financial Corporation ("Oconee") (OTCQX: OSBK) announced that the Company's Board of Directors approved an annual 2024 common stock cash dividend of $0.95 per share.The annual common stock cash dividend is payable on April 1, 2024 to shareholders of record as of March 15, 2024.Neil Stevens, President and CEO of Oconee Financial Corporation, noted "we are pleased to announce a 12% increase in our annual dividend from $0.85 per share to $0.95 per share. The increase in the dividend reflects our improvement in earnings for 2023, as well as our overall financial strength."About Oconee Financial CorporationOconee Financial Corporation is headquartered in Watkinsville, Georgia and operates six full-service financial centers in Georgia, located in Oconee, Athens-Clarke, Gwinnett, Macon-Bibb and Elbert counties. In February 2024, Oconee State Bank celebrated 64 years of service and continues to be the only locally owned and operated comm
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