Notable Stock News to Watch: Security National Financial Corporation (NASDAQ:SNFCA) authorizes a 5% stock dividend for stockholders of record on January 10, 2020

Security National Financial Corporation (NASDAQ:SNFCA) spotted trading -5.99% off 52-week high price. On the other end, the stock has been noted 25.22% away from the low price over the last 52-weeks. The stock changed -0.52% to recent value of $5.76. The stock transacted 46037 shares during most recent day however it has an average volume of 11.31K shares. The company has 17.61M of outstanding shares and 8.87M shares were floated in the market.  

On Dec. 20, 2019, Security National Financial Corporation (NASDAQ:SNFCA) released that on December 6, 2019, its Board of Directors has authorized a 5% stock dividend for stockholders of record on January 10, 2020. The stock dividend will be issued on February 7, 2020.

Scott Quist, President and Chief Executive Officer of Security National Financial Corporation, stated: We have been pleased with the growth of the Company this year with our book value growing to $10.53 per common share.  This is the Company’s 31st consecutive year in declaring a 5% 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.

 Its earnings per share (EPS) expected to touch remained 337.60% for this year. SNFCA has  an operating margin of 8.80% while its profit margin remained 3.20% for the last 12 months. 

  The price moved ahead of 3.84% from the mean of 20 days, 10.77% from mean of 50 days SMA and performed 13.57% from mean of 200 days price. Company’s performance for the week was -1.87%, 9.92% for month and YTD performance remained 17.21%.

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