Security Bancorp, Inc. Announces Annual Cash Dividend
Rhea-AI Summary
Security Bancorp, Inc. (OTCBB:SCYT.OB) announced an annual cash dividend of $1.00 per share, payable on July 1, 2022, to shareholders recorded by June 1, 2022. As of March 31, 2022, the company reported total assets of $294.6 million and stockholders' equity of $26.9 million. This dividend reflects the corporation's ongoing commitment to return value to its shareholders while maintaining a solid financial foundation.
Positive
- Annual cash dividend of $1.00 per share demonstrates company confidence and commitment to shareholder value.
- Total assets of $294.6 million indicate a stable financial position.
Negative
- None.
News Market Reaction – SCYT
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 20, 2022 (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, 2022, the Corporation had total assets of
Contact:
Joe H. Pugh
President and Chief Executive Officer
(931) 473-4483
FAQ
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