Liquidation: Stock Dividend Fund, Inc.
Form Type: N-8F
Filing Date: 2025-04-14
Corporate Action: Liquidation
Type: New
Accession Number: 000128887225000005
Filing Summary: Stock Dividend Fund, Inc. is applying for deregistration due to liquidation. The fund held a board meeting on April 1, 2025, which approved the decision for liquidation, and a shareholder vote took place on April 8, 2025, where the only remaining shareholder, Board Member Laura S. Adams, agreed to the liquidation. As of the filing date, the fund has only one shareholder left and plans to distribute the remaining assets in one final payment on May 13, 2025. All assets currently consist of cash, as the fund is awaiting the last dividends from previously owned stocks. The liquidation process is underway, with the fund confirming it has no outstanding debts and will cease to have assets after the final distribution. The application is an initial filing for deregistration, reflecting the significant steps taken toward winding down operations.
Document Link: View Document
Additional details:
Fund Name: Stock Dividend Fund, Inc.
Principal Executive Office: 10670 N. Central Expressway Suite 470 Dallas, Texas 75231
Contact Person: Steven Adams
Contact Phone: (214) 360-7410
Board Vote Date: 2025-04-01
Shareholder Vote Date: 2025-04-08
Remaining Shareholder: Laura S. Adams
Last Distribution Date: 2025-05-13
Assets: All cash
Reason For Deregistration: Liquidation
Expenses Incurred: None
Fund Status: Not engaged in any other business activities besides winding up affairs.
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