Security Federal Corporation
SFDLFinancial Services · Stock · quarterly payer
Forward Yield
1.51%
Annual Dividend
$0.64
Payout Ratio
16%
5-Yr Growth
7.0%
Ex-Date
Aug 31, 2026
Frequency
Quarterly
Summary
As of August 2026, Security Federal Corporation (SFDL) yields 1.51% ($0.64 per share annually), with a blended fair-value estimate of $94.34 — +122% upside, so it screens as undervalued. Dividend safety grade: A (97/100).
Is SFDL a good dividend stock?
YesSecurity Federal Corporation (SFDL) pays a quarterly dividend yielding 1.51% ($0.64/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (16%)
- Strong 7.0% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.51%
- Payout Ratio
- 16%
- Annual Dividend
- $0.64
- 5-Yr Avg Growth
- 7.0%
- Ex-Dividend Date
- Aug 31, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.42
- Market Cap
- $131.4M
- P/E Ratio
- 11.2
- 5-Yr Total Return
- 34%
- 52-Week Range
- $30.64 – $42.99
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
Frequently Asked Questions
SFDL Price — Last 12 Months
Daily close
Price Return
1 Year
+39%
3 Years
+85%
5 Years
+34%
52-Week Range
$30.64 – $42.99
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SFDL worth?
Undervaluedlow confidenceOur blended fair-value estimate for Security Federal Corporation is $94.34 per share, versus a market price of $42.48. That implies 122% of upside — a margin of safety of about 55%.
Fair Value
$94.34
Current Price
$42.48
Upside
+122%
Margin of Safety
55%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 8.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 8.4% stage-1 growth, 2.5% terminal growth, $3.80 EPS, $0.64 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SFDL Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2026 | — | $0.1600 | regular |
| Mar 31, 2026 | — | $0.1800 | regular |
| Feb 27, 2026 | — | $0.1600 | regular |
| Nov 28, 2025 | — | $0.1500 | regular |
| Aug 29, 2025 | — | $0.1500 | regular |
| May 30, 2025 | — | $0.1500 | regular |
| Mar 31, 2025 | — | $0.1000 | regular |
| Feb 28, 2025 | — | $0.1500 | regular |
| Nov 29, 2024 | — | $0.1400 | regular |
| Aug 30, 2024 | — | $0.1400 | regular |
| May 31, 2024 | — | $0.1400 | regular |
| Feb 28, 2024 | — | $0.1400 | regular |
| Nov 29, 2023 | — | $0.1300 | regular |
| Aug 30, 2023 | — | $0.1300 | regular |
Income Calculator
At $0.64 / yr per share
