Key Developments: Security National Financial Corp (SNFCA.OQ)

SNFCA.OQ on NASDAQ Stock Exchange Global Market

4.42USD
25 Aug 2014
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Latest Key Developments (Source: Significant Developments)

Security National Financial Corp announces dividend
Tuesday, 17 Dec 2013 10:50am EST 

Security National Financial Corp:Authorizes a 5% stock dividend for stockholders of record on Jan. 17, 2014, payable on Feb. 7, 2014.  Full Article

Security National Financial Corp Announces Independent Registered Public Accounting Firm Change-Form 8-K
Wednesday, 4 Sep 2013 12:37pm EDT 

Security National Financial Corp reported in its Form 8-K that on September 1, 2013, Hansen, Barnett & Maxell, P.C. (HBM) resigned as the independent registered public accounting firm of Security National Financial Corporation (the Company). HBM recently entered into an agreement with Eide Bailly LLP (Eide Bailly), pursuant to which Eide Bailly acquired the operations of HBM, and certain of the professional staff and partners of HBM joined Eide Bailly either as employees or partners of Eide Bailly and will continue to practice as members of Eide Bailly. Concurrent with the resignation of HBM, the Company, through and with the approval of its Audit Committee, engaged Eide Bailly as its independent registered public accounting firm.  Full Article

Security National Financial Corp Announces Appointment Of CFO-Form 8-K
Monday, 22 Jul 2013 05:16pm EDT 

Security National Financial Corp reported in its Form 8-K that on July 12, 2013, at the Annual Meeting of the Board of Directors of the Company, Garrett S. Sill was appointed as Chief Financial Officer (CFO) and Treasurer. Mr. Sill had been serving as the Company’s Acting Chief Financial Officer and Acting Treasurer, since January 18, 2013. Prior to his appointment as Acting Chief Financial Officer and Acting Treasurer, Mr. Sill had been serving since 2011 as Vice President and Assistant Treasurer of Security National Life Insurance Company, a wholly owned subsidiary of the Company.  Full Article

Security National Financial Corp Purchases Commercial Office Building in Draper, Utah
Monday, 1 Jul 2013 12:45pm EDT 

Security National Financial Corp announced the completion of the purchase of a Class-A office building, known as Wasatch 16, located in Draper, Utah, a suburb of Salt Lake City. With this purchase, the Company continues to expand its holdings of commercial office space in the Salt Lake City market. Wasatch 16 has a total square footage of approximately 80,000 square feet with a current occupancy rate of 92%. The Company is pleased to have purchased the office building at an attractive price and it anticipates that the building will generate a favorable overall return rate for the Company. In the past six months, the Company has increased its corporate real estate holdings by over 450,000 square feet. As the market for quality commercial office buildings continues to show an increase in overall returns, the Company anticipates continued growth in this area in the future. The Company believes that the commercial office space demand in the Greater Salt Lake City area will continue to realize an increase as new companies are seeking office space in this area.  Full Article

Security National Financial Corp Acquires Office Building
Monday, 29 Apr 2013 11:14am EDT 

Security National Financial Corp announced the acquisition of a two story commercial office building located at 5201 South Green Street in Murray, Utah. The building is approximately 40,000 square feet of office space, which is currently 75% vacant. With comparable office space in the immediate area at approximately 85% occupancy, the Company believes the financial outlook for the property is very positive. The Company believes the attractive location of the office building and the expanding commercial growth in the Greater Salt Lake Area are contributing factors to the anticipated success of the office building in obtaining a competitive occupancy rate in the near future. The property may be used for expansion of the Company's existing operations, relocation of current tenants or rented at favorable market rates. This acquisition adds to Security National's nearly 20 acres of office and land holdings in the immediate area, and will be part of an anticipated redevelopment project at a future date. Terms of the transaction were not disclosed.  Full Article

Security National Financial Corp Announces Appointment Of Acting Chief Financial Officer-Form 8-K
Friday, 25 Jan 2013 02:45pm EST 

Security National Financial Corp reported in its Form 8-K that the Board of Directors of Security National Financial Corporation (Company) appointed Garrett S. Sill to serve as the Company’s Acting Chief Financial Officer (CFO), effective January 18, 2013. Mr. Garrett Sill replaces Stephen M. Sill, who served as the Company’s Vice President, Treasurer and Chief Financial Officer from 2002 until his retirement on January 18, 2013.  Full Article

Security National Financial Corp Announces Dividend
Monday, 10 Dec 2012 06:30pm EST 

Security National Financial Corp announced that its Board of Directors has authorized a 5% stock dividend for stockholders of record on January 11, 2013, payable on February 1, 2013.  Full Article

Security National Financial Corp Announces Management Change-Form 8-K
Thursday, 20 Sep 2012 03:45pm EDT 

Security National Financial Corp reported in its Form 8-K that on September 14, 2012, the Board of Directors of Security National Financial Corporation (Company) appointed Scott M. Quist to serve as Chairman of the Board and Chief Executive Officer (CEO) of the Company. Mr. Scott Quist replaces George R. Quist, who served as Chairman of the Board and Chief Executive Officer (CEO) from 1979 until his death on September 6, 2012.  Full Article

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