MCMINNVILLE, Tenn. (GlobeNewswire) — Security Bancorp, Inc. (OTCBB:SCYT) announced that the Board of Directors has declared an annual cash dividend of $1.00 per share on outstanding common stock. The cash dividend will be payable on July 1 to shareholders of record as of the close of business on June 1, 2022.
Security Bancorp, Inc. is the holding company for Security Federal Savings Bank of McMinnville. It is a Tennessee state-charter financial institution with a headquarters in McMinnville, Tenn. On Mar. 31, 2022, the Corporation had total assets of $294.6 million and stockholders’ equity of $26.9 million. This story was previously published on GlobeNewswire.For more business and financial news, follow Globe Newswire at @GlobeNewswire on Twitter and Heartland Newsfeed at @HLNF_Bulletin on Twitter. Additionally, you can follow Heartland Newsfeed on Facebook and Reddit among other platforms. You can now follow our news updates on Telegram, Flote, and MeWe. Support independent journalism. Become a patron on Patreon for as little as $1 a month. There are other donor options as well. Get the latest news updates on our radio network via Spreaker, TuneIn, and other platforms.