Security Federal Dividends and Buybacks
Dividend criteria checks 2/6
Security Federal is a dividend paying company with a current yield of 2% that is well covered by earnings. Next payment date is on 15th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
2.0%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.7% |
| Next dividend pay date | 15 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$0.560 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SFDL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SFDL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Security Federal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SFDL) | 2.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (SFDL) (up to 3 years) | n/a |
Notable Dividend: SFDL's dividend (2%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SFDL's dividend (2%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.7%), SFDL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.