Security Federal Corporation (SFDL) Declares $0.28 Special Dividend; 0.8% Yield

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Security Federal Corporation Announces Special Dividend

March 16, 2022 10:44 AM EDT

AIKEN, S.C., March 16, 2022 (GLOBE NEWSWIRE) -- Security Federal Corporation (Company) (OTCBB: SFDL), the parent company of Security Federal Bank (Bank), today announced that its Board of Directors has declared a special cash dividend of $0.28 per share. The dividend will be paid on April 15, 2022 to shareholders of record as of March 31, 2022.

Chief Executive Officer J. Chris Verenes, commented that, Due to our continued profitability, we are very pleased to provide this payment to our shareholders. This is a special dividend and the payment and amount of future dividends will be... More