Security Federal Corrects Quarterly Dividend to $0.16 per Share

The bank's parent company announces an updated payout for shareholders.

Mar. 13, 2026 at 5:03pm

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Security Federal Corporation, the parent company of Security Federal Bank, has corrected its previously announced quarterly dividend of $0.15 per share to $0.16 per share. The updated dividend will be paid on or about March 15, 2026, to shareholders of record as of February 28, 2026. All other terms and conditions of the dividend remain unchanged.

Why it matters

Dividend announcements are important updates for shareholders, as they impact the return on their investment. This correction ensures Security Federal is providing accurate information to its investors.

The details

Security Federal Bank has 19 full-service branch locations across South Carolina and Georgia, offering a range of financial services including trust, investments, and insurance through its subsidiary Security Federal Insurance, Inc. The company's common stock trades on the OTCID Basic Market under the symbol SFDL.

  • The original quarterly dividend of $0.15 per share was announced on March 2, 2026.
  • The corrected dividend of $0.16 per share will be paid on or about March 15, 2026, to shareholders of record as of February 28, 2026.

The players

Security Federal Corporation

The parent company of Security Federal Bank, which operates 19 full-service branch locations in South Carolina and Georgia.

Security Federal Bank

A subsidiary of Security Federal Corporation that provides a full range of financial services, including trust, investments, and insurance through its wholly owned subsidiary Security Federal Insurance, Inc.

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The takeaway

This dividend correction highlights the importance of companies providing accurate and timely information to their shareholders. It also demonstrates Security Federal's commitment to transparency and shareholder value.