Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (22328)	5/29/2015 12:10:19 PM
From: E_K_S	Read Replies (1) \| Respond to of 34328

Security National Financial Corp. (SNFCA) - peeled off 20% of shares @ $6.45/share My remaining shares have a low cost basis (@ $4.44/share) which I plan to hold for 18-24 months looking for $8.00/share or higher. You still get the 5% stock dividend every December. The company is financing & building some income property in Utah that should provide some steady FCF. This is still a small micro-cap ($84mln) so there is room to grow. Their three divisions (life insurance/ real estate, cemetery & mortgage) is diversified enough to provide different revenue streams. Stock still selling below stated BV of $7.75/share. EKS