Liquidation: Stock Dividend Fund, Inc.
Form Type: N-8F/A
Filing Date: 2025-05-19
Corporate Action: Liquidation
Type: Update
Accession Number: 000128887225000006
Filing Summary: Stock Dividend Fund, Inc. is applying for deregistration due to liquidation, having received approval from both the board and the sole remaining shareholder. The board approved the liquidation on April 1, 2025, and the shareholder voted in favor on April 8, 2025. The fund has distributed all assets to shareholders, with the final distribution made to the last remaining shareholder on May 14, 2025. As of the date of this filing, the fund has no remaining assets or liabilities, is not involved in any litigation, and will not engage in any business activities beyond winding up its affairs. The last shareholder has received complete liquidation of her interests, maintaining compliance with relevant regulations.
Additional details:
Reason For Deregistration: liquidation
Board Approval Date: 2025-04-01
Shareholder Approval Date: 2025-04-08
Final Distribution Date: 2025-05-14
Remaining Shareholder: Laura S Adams
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.
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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