Security Federal Boosts Cash Dividend for Shareholders

Author: Logan Wright Updated: 02-20-2025 02:45 PM

Security Federal Announces Cash Dividend Increase

Security Federal Corporation recently made an exciting announcement for its investors. The company, which operates Security Federal Bank, will be issuing a quarterly cash dividend amounting to $0.15 per share. This dividend is scheduled to be paid around mid-March to all shareholders who are on record as of the end of February. This marks a notable increase of $0.01, totaling a 7.1% rise from the previous quarterly dividend.

Consistent Performance and Dividend History

The upcoming dividend represents the one hundred thirty-seventh consecutive time that Security Federal has paid dividends to its shareholders since it transitioned from a mutual to a stock ownership model back in the late 1980s. This impressive history of consistent dividend payments showcases the Bank’s direction and unwavering focus on maintaining profitability for its stakeholders.

Extensive Branch Network for Community Banking

Security Federal Bank remains a strong presence in the communities it serves with a total of nineteen full-service branches located across various regions. Notable branch locations include cities such as Aiken, Ballentine, and North Augusta, among others in both South Carolina and Georgia. This extensive network allows Security Federal to deliver a comprehensive suite of financial services that are tailored to the needs of local customers.

Comprehensive Financial Services Offered

At Security Federal Bank, customers can access a full range of financial services designed for individual and business needs. These include not only traditional banking options but also trust and investment services that cater to a broad spectrum of financial goals. Additionally, the Bank’s wholly owned subsidiary, Security Federal Insurance, Inc., extends its offerings by providing a variety of insurance services, enhancing the one-stop experience for clients.

Trading Information of Security Federal Corporation

For those interested in the stock market, the common stock of Security Federal Corporation is traded on the Over-the-Counter Bulletin Board, symbolized as SFDL. The consistent growth and strategic financial decisions made by the company reflect its commitment to delivering value to its shareholders.

Frequently Asked Questions

What is the amount of the upcoming cash dividend?

The upcoming cash dividend will be $0.15 per share.

When will the dividend be paid?

The dividend is scheduled to be paid on or about March 15.

How long has Security Federal Corporation been paying dividends?

Security Federal Corporation has been paying dividends for over 36 years, marking the 137th consecutive quarterly dividend.

Where are Security Federal Bank branches located?

Branches are located in various areas in South Carolina and Georgia, including Aiken, North Augusta, and Columbia.

What services does Security Federal offer?

Security Federal offers a range of services including banking, trust, investment, and insurance services through its subsidiary.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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