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Security Federal Announces Cash Dividend

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dividends
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Security Federal Corporation announced a quarterly dividend of $0.12 per share, payable on or about September 15, 2022, to shareholders of record as of August 31, 2022. This marks the one hundred twenty-seventh consecutive quarterly dividend since the Bank’s conversion in October 1987 to stock ownership.

The dividend reflects the Bank’s ongoing profitability. Security Federal Bank operates eighteen branches across South Carolina and Georgia, offering various financial services, including trust and investments through its subsidiary, Security Federal Insurance.

Positive
  • Dividend of $0.12 per share signals strong profitability.
  • Continuity of dividends with the 127th consecutive payment.
Negative
  • None.

AIKEN, S.C., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.12 per share will be paid on or about September 15, 2022, to shareholders of record as of August 31, 2022.

This is the one hundred twenty-seventh consecutive quarterly dividend to shareholders since the Bank’s conversion in October of 1987 from a mutual to a stock form of ownership. The dividend was declared as a result of the Bank’s continued profitability.

Security Federal Bank has eighteen full service branch locations in Aiken, Ballentine, Clearwater, Columbia, Graniteville, Langley, Lexington, North Augusta, Ridge Spring, Wagener and West Columbia, South Carolina and Evans and Augusta, Georgia. A full range of financial services, including trust and investments, are provided by the Bank and insurance services are provided by the Bank’s wholly owned subsidiary, Security Federal Insurance, Inc.

Security Federal Corporation common stock is traded on the Over-the-Counter Bulletin Board under the symbol SFDL.


FAQ

When is the next dividend payment for SFDL?

The next dividend payment for SFDL is on or about September 15, 2022.

What is the dividend amount for SFDL?

The dividend amount for SFDL is $0.12 per share.

What is the significance of the dividend announcement for SFDL?

The dividend announcement signifies continuous profitability and shareholder returns.

SECURITY FEDERAL CORP

OTC:SFDL

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89.45M
1.74M
45.55%
Banks - Regional
Financial Services
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United States of America
Aiken