Security Federal Corporation Announces Cash Dividend

Rhea-AI Summary

Security Federal Corporation has announced a quarterly dividend of $0.11 per share, payable on or about June 15, 2021, to shareholders recorded by May 31, 2021. This marks the one hundred twenty-second consecutive quarterly dividend since the Bank's transition to stock ownership in October 1987. The dividend reflects the Bank's ongoing profitability and robust financial health.

Security Federal Corporation's stock trades on the OTC Bulletin Board under the symbol SFDL.

Positive

• Quarterly dividend of $0.11 per share indicates strong financial performance.
• Continued profitability allows for the 122nd consecutive dividend payment.

Negative

• None.

AIKEN, S.C., May 25, 2021 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.11 per share will be paid on or about June 15, 2021 to shareholders of record as of May 31, 2021.  

This is the one hundred twenty-second 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 seventeen 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

What is the dividend amount for SFDL?

The dividend amount is $0.11 per share.

When will the dividend for SFDL be paid?

The dividend will be paid on or about June 15, 2021.

What is the record date for the SFDL dividend?

The record date for the dividend is May 31, 2021.

How many consecutive dividends has SFDL paid?

SFDL has paid 122 consecutive quarterly dividends.

Where is SFDL stock traded?

SFDL stock is traded on the Over-the-Counter Bulletin Board.