Security Federal Announces Cash Dividend

Rhea-AI Summary

Security Federal has declared a quarterly dividend of $0.14 per share, payable on December 15, 2024, to shareholders of record as of November 30, 2024. This marks the company's 136th consecutive quarterly dividend since its conversion from mutual to stock ownership in October 1987. The dividend declaration reflects the bank's continued profitability. Security Federal Bank operates 19 full-service branches across South Carolina and Georgia, offering financial services including trust, investments, and insurance through its subsidiary, Security Federal Insurance.

Positive

• 136 consecutive quarters of dividend payments demonstrating consistent shareholder returns
• Maintained profitability enabling continued dividend distribution
• Extensive branch network across 19 locations in two states

Negative

• None.

AIKEN, S.C., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Aiken, South Carolina (November 20, 2024) Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.14 per share will be paid on or about December 15, 2024, to shareholders of record as of November 30, 2024.   

This is the one hundred thirty-sixth 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 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.

FAQ

What is Security Federal 's (SFDL) latest dividend amount for Q4 2024?

Security Federal declared a quarterly dividend of $0.14 per share for Q4 2024.

When is Security Federal's (SFDL) next dividend payment date?

The dividend will be paid on or about December 15, 2024, to shareholders of record as of November 30, 2024.

How many consecutive quarterly dividends has Security Federal (SFDL) paid since 1987?

Security Federal has paid 136 consecutive quarterly dividends since its conversion to stock ownership in October 1987.

How many branch locations does Security Federal (SFDL) currently operate?

Security Federal operates 19 full-service branch locations across South Carolina and Georgia.