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Security National Financial Corporation Announces Stock Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
SALT LAKE CITY, June 26, 2023 (GLOBE NEWSWIRE) -- Security National Financial Corporation (NASDAQ: SNFCA) announces that on June 23, 2023, its Board of Directors has authorized a 5% stock dividend for stockholders of record on July 7, 2023. The stock dividend will be issued on July 14, 2023.
Scott Quist, President and Chief Executive Officer of Security National Financial Corporation, stated: “This is the Company’s 35th consecutive year in declaring a stock dividend. We find many of our stockholders are pleased with the stock dividend due to the options it affords for long-term appreciation or cash flow if they choose to sell the shares.”
This press release contains statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Security National Financial Corporation and its business. The predictions in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.
For Further Information Contact: Jeffrey R. Stephens or Garrett S. Sill Security National Financial Corporation P.O. Box 57250 (Telephone) (801) 264-1060 (Fax) (801) 265-9882 Website: www.securitynational.com
security national financial corporation and its wholly owned subsidiaries operate in three main business segments: life insurance, cemetery and mortuary, and mortgage loans. more info at www.securitynational.com. the design and structure of our company is that each segment is related to the others, and contributes to the profitability of the whole. for example, our cemetery and mortuary operations enjoy a high level of public awareness that assists in the sales and marketing of our insurance and pre-need cemetery/funeral products. security national life insurance company in turn invests its assets in high quality mortgage loans. thus, while each segment is a stand-alone profit center, this horizontal integration is planned to improve profitability. our company also actively pursues growth through acquisitions of life insurance companies and mortuaries, and by expanding our mortgage operations.
