SCF Arizona Board Approves $3.5 Million Dividend

SCF Arizona announced it will pay out safety dividends totaling $3.5 million for 2011 to qualified policyholders, making it the 41st consecutive year the company’s board of directors approved a dividend payment.

Arizona’s largest provider of workers’ compensation insurance began paying safety dividends in 1969, and since has returned more than $1.5 billion to qualified policyholders who maintain safe workplaces, according to SCF.

The amount paid to each qualified policyholder will depend on its annual premium and record of workplace injury claims.

Phoenix-based SCF holds in excess of $3.4 billion in assets.