Security Federal Corporation Announces Special Dividend
Security Federal Corporation’s board declared a one-time $0.18 per share special cash dividend, payable in October 2026 to eligible shareholders.
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Rhea-AI Summary
Security Federal Corporation (SFDL) declared a special cash dividend of $0.18 per share on its common stock. The dividend is scheduled to be paid on October 15, 2026, to shareholders of record as of September 30, 2026.
The company’s CEO linked this additional payment to continued profitability and described it as a special dividend, with any future dividends dependent on the Board’s assessment of financial condition, earnings and capital requirements. Security Federal Corporation is the parent of Security Federal Bank, which operates nineteen full-service branches in South Carolina and Georgia and offers banking, trust, investment and insurance services. The company’s common stock trades on the OTCID Basic Market under the symbol SFDL.
Positive
- Special cash dividend of $0.18 per share declared
- Dividend payable October 15, 2026 to holders of record September 30, 2026
Negative
- None.
Details
News Market Reaction – SFDL
On Sep 15, the day this news came out, SFDL closed 0.57% below the previous close.
Data tracked by StockTitan Argus for the Sep 15 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
AIKEN, S.C., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Security Federal Corporation (“Company”), the parent company of Security Federal Bank (“Bank”), today announced that its Board of Directors has declared a special cash dividend of
Chief Executive Officer Phil Wahl commented that “Due to our continued profitability, we are very pleased to provide this additional payment to our shareholders. This is a special dividend and the payment and amount of future dividends will be predicated on the Board’s assessment of the financial condition, earnings and capital requirements of the Company.”
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 OTCID Basic Market under the symbol SFDL.
FOR ADDITIONAL INFORMATION CALL: Beverly S. Nettles – (803) 641-3000