Security Bancorp, Inc. Announces Cash Dividend
04 June 2005 - 6:10AM
Business Wire
Security Bancorp, Inc. (OTCBB:SCYT.OB) announced that at its Board
of Directors meeting on May 19, 2005 the Corporation's Board of
Directors declared an annual cash dividend of $0.60 per share on
the Corporation's outstanding common stock. This dividend is an
increase of $.10 per share from the cash dividend paid last year of
$.50 per share. The cash dividend will be payable on July 1, 2005
to shareholders of record as of the close of business on June 1,
2005. Security Bancorp, Inc. is the holding company for Security
Federal Savings Bank of McMinnville, TN, a federally-chartered
savings bank headquartered in McMinnville, Tennessee. At March 31,
2005, the Corporation had total assets of $132.4 million and
stockholders' equity of $11.2 million. x
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