Security Federal Corp., the mum or dad firm for Security Federal Bank, introduced Wednesday that its Board of Directors has declared a particular money dividend of 28 cents per share.
The dividend can be paid April 15 to shareholders of report as of March 31, in response to a information launch.
“Due to our continued profitability, we are very pleased to provide this payment to our shareholders,” Chief Executive Officer Chris Verenes said. “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 17 full service department places in Aiken, Ballentine, Clearwater, Columbia, Graniteville, Langley, Lexington, North Augusta, Ridge Spring, Wagener and West Columbia in South Carolina, and Evans and Augusta, Georgia. A full vary of economic companies, together with belief and investments, are supplied by the financial institution, and insurance coverage companies are supplied by the financial institution’s wholly owned subsidiary, Security Federal Insurance Inc.
Security Federal Corp. frequent inventory is traded on the Over-the-Counter Bulletin Board underneath the image SFDL.