Item 8.01 Other Events.

On October 25, 2012, the Board of Directors of Oconee Federal Financial Corp. (the "Company") declared a quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend will be payable to stockholders of record as of November 8, 2012, and will be paid on or about November 21, 2012.

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of businesses acquired. Not Applicable.

(b) Pro forma financial information. Not Applicable.

(c) Shell company transactions. None

(d) Exhibits. None

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