Security Federal Co. (OTCMKTS:SFDL) Plans Dividend Increase – $0.15 Per Share

Security Federal Co. (OTCMKTS:SFDL) declared a quarterly dividend on Thursday, February 20th, NASDAQ Dividends reports. Investors of record on Friday, February 28th will be paid a dividend of 0.15 per share by the bank on Saturday, March 15th. This represents a $0.60 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Security Federal’s previous quarterly dividend of $0.14.

Security Federal Price Performance

SFDL stock remained flat at $30.01 during midday trading on Friday. The business’s 50 day moving average price is $28.50 and its 200-day moving average price is $27.50. The firm has a market capitalization of $95.73 million, a price-to-earnings ratio of 10.87 and a beta of 0.46. Security Federal has a 1-year low of $22.00 and a 1-year high of $30.23. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.65 and a current ratio of 0.65.

Security Federal (OTCMKTS:SFDL) last released its quarterly earnings data on Friday, January 31st. The bank reported $0.94 earnings per share for the quarter. Security Federal had a return on equity of 10.26% and a net margin of 11.20%.

About Security Federal

Security Federal Corporation operates as the bank holding company for Security Federal Bank that provides various banking products and services. It offers various deposit products, such as savings and checking accounts, money market accounts, fixed interest rate certificates with varying maturities, and individual retirement accounts.