SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Item 7.01Regulation FD Disclosure.
On February 24, 2021, Severn Bancorp, Inc. issued a press release announcing that the Board of Directors declared a cash dividend of five cents ($0.05) per share of common stock. The dividend is payable on March 15, 2021 to shareholders of record at the close of business on March 8, 2021. A copy of our press release is attached hereto as Exhibit 99.1 and hereby incorporated by reference.
Item 9.01Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Severn Bancorp, Inc.
Dated: February 24, 2021
/s/Vance W. Adkins
Vance W. Adkins
Executive Vice President & Chief Financial Officer