Security National Financial Has Authorized A 5% Stock Dividend
Portfolio Pulse from Benzinga Newsdesk
Security National Financial Corporation (NASDAQ:SNFCA) has announced a 5% stock dividend authorized by its Board of Directors. The dividend is for stockholders of record on July 5, 2024, and will be issued on July 12, 2024.
June 24, 2024 | 5:34 pm
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Security National Financial Corporation has authorized a 5% stock dividend, which will be issued to stockholders of record on July 5, 2024, and distributed on July 12, 2024.
The announcement of a 5% stock dividend is generally positive news for shareholders as it indicates the company's confidence in its financial health. This could lead to a short-term increase in stock price as investors react positively to the dividend issuance.
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