Security Federal Reports Quarterly Cash Dividend Announcement
Security Federal Corporation, the parent company of Security Federal Bank, proudly announces a cash dividend of $0.15 per share. This quarterly dividend is scheduled for payment around June 15, marking another significant moment for its shareholders.
A Strong History of Dividends
This upcoming dividend represents the one hundred thirty-eighth consecutive payout since the Bank transitioned from a mutual to a stock ownership model in 1987. Such a sustained commitment to returning value to shareholders exemplifies the Bank’s solid performance and profitability over the years.
About Security Federal Bank
Security Federal Bank operates nineteen full-service branches across South Carolina and Georgia. Their wide-ranging financial services cater to the diverse needs of customers, ensuring all receive comprehensive support for trust and investment needs.
Diverse Financial Services
Apart from banking services, Security Federal also offers insurance solutions through its fully owned subsidiary, Security Federal Insurance, Inc. This enables customers to manage their finances with enhanced security and peace of mind, knowing that their banking needs and insurance products come from a trusted source.
Stock Information
Investors can find Security Federal Corporation's common stock traded on the Over-the-Counter Bulletin Board under the ticker symbol SFDL. This allows shareholders to easily monitor their investments and stay updated on the company's performance.
Conclusion
As Security Federal Corporation moves forward, their decision to maintain a steady dividend payout reflects their commitment to financial strength and a strong stakeholder relationship. This announcement not only reinforces shareholder trust but also lays a foundation for future growth and profitability.
Frequently Asked Questions
What is the amount of the declared dividend?
The declared dividend is $0.15 per share for shareholders of record.
When is the dividend scheduled to be paid?
The dividend is expected to be paid on or about June 15.
How many consecutive dividends has Security Federal declared?
Security Federal has declared its one hundred thirty-eighth consecutive quarterly dividend.
Where can I trade Security Federal's stock?
Security Federal Corporation's common stock is traded on the Over-the-Counter Bulletin Board under the symbol SFDL.
What services does Security Federal Bank provide?
Security Federal Bank offers banking services, trust and investment options, and insurance services through its subsidiary, Security Federal Insurance, Inc.