Security Federal Corporation
SFDLFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
1.37%
Annual Dividend
$0.64
Payout Ratio
16%
5-Yr Growth
7.0%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about SFDL's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Security Federal Corporation (SFDL) has a forward dividend yield of 1.37%, based on an annual dividend of $0.64 per share and a share price of $46.85.
- As of Oct 18, 2026, SFDL's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
- SFDL has never cut its regular dividend in the payment history SmarterDividends has on record.
- SFDL's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.18 per share.
- As of Oct 18, 2026, SFDL pays out 16% of its trailing 12-month earnings as dividends (its payout ratio).
- SFDL's dividend has grown at an average rate of 7.0% a year over the past five years.
- As of Oct 18, 2026, SFDL's 1.37% yield is 36% below its five-year average yield of 2.13%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SFDL is $49.06 per share, 5% above the $46.85 share price, so SFDL screens as fairly valued.
- Security Federal Corporation (SFDL) pays its dividend quarterly, 4 times a year.
- Security Federal Corporation (SFDL) has raised its regular dividend 14 times and cut it 0 times across the 96 payments on record since 2003. Its most recent change was a 12.5% increase to $0.180 per share, going ex-dividend on Sep 30, 2026.
Cite this page
SmarterDividends, "SFDL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SFDL
Summary
As of Oct 18, 2026, Security Federal Corporation (SFDL) yields 1.37% ($0.64 a year per share) and has a dividend safety grade of A (97/100).
Is SFDL a good dividend stock?
YesSecurity Federal Corporation (SFDL) pays a quarterly dividend yielding 1.37% ($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
- 50% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.37%
- Payout Ratio
- 16%
- Annual Dividend
- $0.64
- 5-Yr Avg Growth
- 7.0%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.42
- Market Cap
- $144.9M
- P/E Ratio
- 12.4
- 5-Yr Total Return
- 50%
- 52-Week Range
- $30.90 – $46.85
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
SFDL dividend raises and cuts
Security Federal Corporation (SFDL) has raised its regular dividend 14 times and cut it 0 times across the 96 payments on record since 2003. Its most recent change was a 12.5% increase to $0.180 per share, going ex-dividend on Sep 30, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 30, 2026 | Raise | $0.160 → $0.180 | +12.5% |
| Feb 27, 2026 | Raise | $0.150 → $0.160 | +6.7% |
| Feb 28, 2025 | Raise | $0.140 → $0.150 | +7.1% |
| Feb 28, 2024 | Raise | $0.130 → $0.140 | +7.7% |
| Feb 27, 2023 | Raise | $0.120 → $0.130 | +8.3% |
| Feb 25, 2022 | Raise | $0.110 → $0.120 | +9.1% |
| Feb 25, 2021 | Raise | $0.100 → $0.110 | +10.0% |
| Aug 29, 2019 | Raise | $0.0900 → $0.100 | +11.1% |
| Feb 24, 2017 | Raise | $0.0800 → $0.0900 | +12.5% |
| May 28, 2008 | Raise | $0.0700 → $0.0800 | +14.3% |
| May 29, 2007 | Raise | $0.0600 → $0.0700 | +16.7% |
| May 26, 2006 | Raise | $0.0400 → $0.0600 | +50.0% |
Show all 14 changes since 2004
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 26, 2005 | Raise | $0.0300 → $0.0400 | +33.3% |
| Aug 27, 2004 | Raise | $0.0200 → $0.0300 | +50.0% |
Frequently Asked Questions
Is SFDL a good dividend stock?
Yes. Security Federal Corporation (SFDL) pays a quarterly dividend yielding 1.37% ($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.
Is SFDL undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SFDL's fair value is about $49.06 versus a $46.85 share price — so it looks fairly valued (+5% vs. fair value).
Is SFDL's dividend safe?
SFDL has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is SFDL's fair value?
Our blended fair-value estimate for SFDL is about $49.06 per share, roughly 5% above the current $46.85 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SFDL a buy, hold, or sell?
We don't issue formal ratings, but on the data SFDL screens as "yes" and fairly valued. Security Federal Corporation (SFDL) pays a quarterly dividend yielding 1.37% ($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. This is research for your own analysis, not investment advice.
Will SFDL cut its dividend?
SFDL earns a dividend-safety grade of A (97/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does SFDL pay a dividend?
Yes. Security Federal Corporation pays a quarterly dividend of about $0.64 per share annually, a forward yield of roughly 1.37%.
What is SFDL's dividend yield?
As of Oct 18, 2026, SFDL's forward dividend yield is 1.37%, based on a $0.64 annual dividend and a $46.85 share price.
What is SFDL's dividend per share?
As of Oct 18, 2026, SFDL pays $0.64 per share per year, distributed on a quarterly basis.
What is SFDL's dividend payout ratio?
As of Oct 18, 2026, SFDL's payout ratio is 16% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has SFDL grown its dividend?
SFDL does not currently have a long dividend-growth streak on record.
When is the next SFDL ex-dividend date?
As of Oct 18, 2026, SFDL's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.18 per share.
SFDL Price — Last 12 Months
Daily close
Price Return
1 Year
+49%
3 Years
+123%
5 Years
+50%
52-Week Range
$30.90 – $46.85
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SFDL worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Security Federal Corporation is $49.06 per share, versus a market price of $46.85. That implies the stock is roughly fairly priced.
Fair Value
$49.06
Current Price
$46.85
Gap
+5%
Margin of Safety
5%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 8.4% growth for five years fading to 2.5% over the next five, $3.77 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
Full SFDL dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 15, 2026 | $0.1800 | regular |
| Aug 31, 2026 | Sep 15, 2026 | $0.1600 | regular |
| May 29, 2026 | Jun 15, 2026 | $0.1600 | regular |
| Mar 31, 2026 | Apr 15, 2026 | $0.1800 | regular |
| Feb 27, 2026 | Mar 15, 2026 | $0.1600 | regular |
| Nov 28, 2025 | Dec 15, 2025 | $0.1500 | regular |
| Aug 29, 2025 | Sep 15, 2025 | $0.1500 | regular |
| May 30, 2025 | Jun 15, 2025 | $0.1500 | regular |
| Mar 31, 2025 | Apr 15, 2025 | $0.1000 | regular |
| Feb 28, 2025 | Mar 15, 2025 | $0.1500 | regular |
| Nov 29, 2024 | Dec 15, 2024 | $0.1400 | regular |
| Aug 30, 2024 | Sep 15, 2024 | $0.1400 | regular |
| May 31, 2024 | Jun 15, 2024 | $0.1400 | regular |
| Feb 28, 2024 | Mar 15, 2024 | $0.1400 | regular |
Income Calculator
At $0.64 / yr per share
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