Security National Financial Corp., Salt Lake City, has announced that its Board of Directors has authorized a 5% stock dividend for stockholders of record on January 11, 2013. The dividend will be paid on February 1, 2013.
"I am pleased that the board has taken this action. Considering the current nationwide economic challenges, it is gratifying that Security National Financial Corporation is able to continue its 22-year history of paying stock dividends," Security National President Scott Quist said in a statement announcing the payment.
Shares of the company, a business conglomerate whose operations span from life insurance to operating cemeteries in Utah and California, are listed on the Nasdaq system and trade under the symbol SNFCA.