Security Federal Corporation Announces Cash Dividend
Security Federal Corporation has declared a quarterly dividend of $0.11 per share, scheduled for payment on or about December 15, 2021, to shareholders of record by November 30, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
Security Federal Corporation has declared a quarterly dividend of $0.11 per share, scheduled for payment on or about December 15, 2021, to shareholders of record by November 30, 2021. This marks the 124th consecutive quarterly dividend since the Bank's conversion from mutual to stock ownership in October 1987. The dividend reflects the Bank’s ongoing profitability. With seventeen branches across South Carolina and Georgia, the Bank offers a full range of financial and insurance services.
Positive
- Dividend of $0.11 per share reflects continued profitability.
- 124 consecutive quarterly dividends highlight sustained financial health.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
AIKEN, S.C., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of
This is the one hundred twenty-fourth 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.
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