Oconee Financial Corporation Announces Annual Dividend

Monday, March 8th, 2021

Oconee Financial Corporation ("Oconee") (OTCQX: OSBK) announced that the company's Board of Directors approved an Annual 2021 common stock cash dividend of $0.65 per share. This is an 8.3% increase over the previous year dividend of $0.60per share.

The annual common stock cash dividend is payable April 5, 2021 to shareholders of record as of March 15, 2021.

Neil Stevens, President and CEO of Oconee Financial Corporation noted "we are pleased to announce an increase in our annual dividend from $0.60 per share to $0.65 per share. The increase in the dividend mirrors our growth and overall financial strength."