Security Bancorp, Inc. Announces Annual Cash Dividend
Rhea-AI Summary
Security Bancorp (SCYT) has announced an annual cash dividend of $1.00 per share on its outstanding common stock. The dividend will be paid on July 1, 2025, to shareholders of record as of June 2, 2025.
Security Bancorp, the holding company for Security Federal Savings Bank of McMinnville, Tennessee, reported total assets of $391.8 million and stockholders' equity of $37.1 million as of March 31, 2025.
Positive
- Annual cash dividend of $1.00 per share demonstrates commitment to shareholder returns
- Strong asset base of $391.8 million shows stable financial position
- Healthy stockholders' equity of $37.1 million indicates financial stability
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, SCYT declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MCMINNVILLE, Tenn., May 16, 2025 (GLOBE NEWSWIRE) -- Security Bancorp, Inc. (OTCBB:SCYT.OB) announced that the Corporation’s Board of Directors has declared an annual cash dividend of
Security Bancorp, Inc. is the holding company for Security Federal Savings Bank of McMinnville, TN a Tennessee state-chartered financial institution headquartered in McMinnville, Tennessee. At March 31, 2025, the Corporation had total assets of
Contact:
Michael D. Griffith
President and Chief Executive Officer
(931) 473-4483