Security Federal Corporation Announces Special Dividend
Security Federal (OTCBB: SFDL) has announced a special cash dividend of $0.10 per share, payable on April 15, 2025, to shareholders of record as of March 31, 2025. The decision comes as a result of the company's continued profitability.
CEO J. Chris Verenes emphasized that future dividend payments and amounts will depend on the Board's assessment of the company's financial condition, earnings, and capital requirements. Security Federal Bank operates nineteen full-service branch locations across South Carolina and Georgia, offering a comprehensive range of financial services including trust, investments, and insurance through its subsidiary, Security Federal Insurance, Inc.
Security Federal (OTCBB: SFDL) ha annunciato un dividendo speciale in contante di $0,10 per azione, che sarà pagato il 15 aprile 2025, agli azionisti registrati al 31 marzo 2025. Questa decisione è il risultato della continua redditività dell'azienda.
Il CEO J. Chris Verenes ha sottolineato che i futuri pagamenti e gli importi dei dividendi dipenderanno dalla valutazione del Consiglio sulla condizione finanziaria dell'azienda, sugli utili e sulle esigenze di capitale. Security Federal Bank opera diciannove filiali a servizio completo in South Carolina e Georgia, offrendo un'ampia gamma di servizi finanziari tra cui fiducia, investimenti e assicurazioni tramite la sua controllata, Security Federal Insurance, Inc.
Security Federal (OTCBB: SFDL) ha anunciado un dividendo especial en efectivo de $0.10 por acción, que se pagará el 15 de abril de 2025, a los accionistas registrados al 31 de marzo de 2025. Esta decisión es el resultado de la continua rentabilidad de la empresa.
El CEO J. Chris Verenes enfatizó que los futuros pagos y montos de dividendos dependerán de la evaluación de la Junta sobre la condición financiera de la empresa, las ganancias y los requisitos de capital. Security Federal Bank opera diecinueve sucursales de servicio completo en Carolina del Sur y Georgia, ofreciendo una amplia gama de servicios financieros que incluyen fideicomisos, inversiones y seguros a través de su subsidiaria, Security Federal Insurance, Inc.
Security Federal (OTCBB: SFDL)는 2025년 4월 15일에 지급될 특별 현금 배당금으로 주당 $0.10을 발표했으며, 2025년 3월 31일 기준 주주에게 지급됩니다. 이 결정은 회사의 지속적인 수익성 결과입니다.
CEO J. Chris Verenes는 향후 배당금 지급 및 금액은 회사의 재무 상태, 수익 및 자본 요구 사항에 대한 이사회의 평가에 따라 달라질 것이라고 강조했습니다. Security Federal Bank는 사우스 캐롤라이나와 조지아 전역에 19개의 완전 서비스 지점을 운영하며, 자회사인 Security Federal Insurance, Inc.를 통해 신탁, 투자 및 보험을 포함한 포괄적인 금융 서비스를 제공합니다.
Security Federal (OTCBB: SFDL) a annoncé un dividende spécial en espèces de 0,10 $ par action, payable le 15 avril 2025, aux actionnaires enregistrés au 31 mars 2025. Cette décision est le résultat de la rentabilité continue de l'entreprise.
Le PDG J. Chris Verenes a souligné que les paiements et montants futurs des dividendes dépendront de l'évaluation par le Conseil de la situation financière de l'entreprise, des bénéfices et des besoins en capital. La Security Federal Bank exploite dix-neuf agences à service complet en Caroline du Sud et en Géorgie, offrant une gamme complète de services financiers, y compris des fiducies, des investissements et des assurances par l'intermédiaire de sa filiale, Security Federal Insurance, Inc.
Security Federal (OTCBB: SFDL) hat eine sonstige Barausschüttung von 0,10 $ pro Aktie angekündigt, die am 15. April 2025 an die Aktionäre ausgezahlt wird, die am 31. März 2025 im Aktienregister stehen. Diese Entscheidung resultiert aus der anhaltenden Rentabilität des Unternehmens.
CEO J. Chris Verenes betonte, dass zukünftige Dividendenzahlungen und -beträge von der Bewertung des Vorstands über die finanzielle Lage des Unternehmens, die Gewinne und die Kapitalanforderungen abhängen werden. Die Security Federal Bank betreibt neunzehn Vollservice-Filialen in South Carolina und Georgia und bietet eine umfassende Palette von Finanzdienstleistungen an, darunter Treuhand, Investitionen und Versicherungen über ihre Tochtergesellschaft, die Security Federal Insurance, Inc.
- Special dividend of $0.10 per share announced for shareholders
- Company reports continued profitability
- Extensive branch network across 19 locations in two states
- Future dividends not guaranteed and dependent on financial conditions
- Special dividend nature indicates non-recurring payment
AIKEN, S.C., March 20, 2025 (GLOBE NEWSWIRE) -- Security Federal Corporation (“Company”) (OTCBB: SFDL), the parent company of Security Federal Bank (“Bank”), today announced that its Board of Directors has declared a special cash dividend of
Chief Executive Officer J. Chris Verenes, commented that “As a result of our continued profitability, we are very pleased to provide this additional payment to our shareholders. This is a special dividend and the payment and amount of future dividends will be predicated on the Board’s assessment of the financial condition, earnings and capital requirements of the Company.”
Security Federal Bank has nineteen full-service branch locations in Aiken, Ballentine, Clearwater, Columbia, Graniteville, Langley, Lexington, North Augusta, Ridge Spring, Wagener and West Columbia, South Carolina and Augusta and Evans, 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.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward looking statements may be identified by reference to a future period or periods, or by the use of forward-looking terminology, such as “estimate,” “project,” “believe,” “intend,” “anticipate,” “plan,” “seek,” “expect,” “will,” “may,” “continue,” or similar terms or variations on those terms, or the negative of those terms. Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include our credit quality and business operations, as well as its impact on the real estate and economic environment, particularly in the market areas in which the Bank operates; increased competitive pressures; changes in the interest rate environment; general economic conditions or conditions within the securities markets; and legislative and regulatory changes affecting financial institutions, including regulatory compliance costs and capital requirements that could adversely affect the business in which the Company and the Bank are engaged; and other factors described in the Company’s latest Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission that are available on our website at www.securityfederalbank.com and on the SEC's website at www.sec.gov.
FOR ADDITIONAL INFORMATION CALL: Beverly S. Nettles – (803) 641-3000
FAQ
When will Security Federal (SFDL) pay its special dividend in 2025?
How much is the SFDL special dividend payment announced in March 2025?
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How many branch locations does Security Federal Bank operate in 2025?
