UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington DC 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number:			811-21576 Name of registrant:		Stock Dividend Fund Address:			8150 N. Central Expwy #M1120, Dallas, Texas 75206 Agent for service:		Laura S. Adams (same address) Registrants phone number:	214-360-7410 Date of fiscal year end:	December 31 Reporting period:		June 30, 2010 through June 30, 2011 Company			Mtg	Matter			Who	Mgmt	Vote Symbol/Cusip		Date	Voted On		From	Rec	Cast --------------		----	---------------		----	----	---- Universal Corp		8/03	Election Of Directors	Co	FOR	FOR UVV	913456109 H.J. Heinz Co.		8/12	Election of directors	CO	For	For HNZ	423074103	8/12	Ratify Ind. Acct. Firm	Co	For	For 			8/12	SH Prop. writtn consent	Co	Against	Against Sysco COrp.		11/12	Election of directors	Co	For	For SYY	871829107	11/12	Amnd '74 Stk purch pln	Co	For	For 			11/12	Ratify Ernst&yng acc.	co	For	For Eli Lilly and CO.	4/18	Election of directors	Co	For	For LLY	532457108	4/18	Ratify Ernst&yng acc.	Co	For	For 			4/18	2010 Exec. Compensation Co	For	For 			4/18	Freq of advisry Votes	Co	1YR	1YR 			4/18	Amendmnts to Art of Inc.Co	For	For 			4/18	Supermaj. voting req.	Co	For	For 			4/18	Apprv EO Incent. plan	Co	For	For Olin Corp.		4/28	Election of directors	Co	For	For OLN	680665205	4/28	Compensatn vote for EO	Co	For	For 			4/28	Freq SH vote on Exec Co	Co	1YR	1YR 			4/28	Ratify Indep. Acctng Fm.Co	For	For AT&T Inc.		4/29	Election of Directors	Co	For	For T	00206R102	4/29	Ratify Ind. Auditors	Co	For	For 			4/29	Apprv '11 Incentv plan	Co	For	For 			4/29	Vote on Exec Compentsn	Co	For	For 			4/29	Freq of advisry Votes	Co	3YR	3YR 			4/29	SH prop Polit. Contrib	Co	Against	Against 			4/29	Special SH Mtgs. prop	Co	Against	Against 			4/29	SH Prop. Writtn Consent	Co	Against	Against The Hershey Company	4/28	Election of Directors	Co	For	For HSY	427866108	4/28	Ratify KPMG as Ind Aud.	Co	For	For 			4/28	Vote on Exec Compentsn	Co	For	For 			4/28	Freq SH vote on Exec Co	Co	1YR	1YR 			4/28	Apprv Eqty & Incentv plnCo	For	For Kimberly-Clark Corp	4/21	Election of Directors	Co	For	For KMB	494368103	4/21	Ratification of Auditrs	Co	For	For 			4/21	Apprv '11 Dir. Compens.	Co	For	For 			4/21	Apprv '11 Equity Partic	Co	For	For 			4/21	Vote on Exec Compentsn	Co	For	For 			4/21	Freq of advisry Votes	Co	1YR	1YR Pfizer Inc.		3/01	Election of Directors	Co	For	For PFE	717081103	3/01	Ratification of KPMG	Co	For	For 			3/01	Vote on Exec Compentsn	Co	For	For 			3/01	Freq of advisry Votes	Co	2YR	2YR 			3/01	SH prop Polit. Contrib	Co	Against	Against 			3/01	SH prop. Public Polic.	Co	Against	Against 			3/01	Sh prop. Pharm. prices	Co	Against	Against 			3/01	SH Prop. written Consnt Co	Against	Against 			3/01	Special SH Mtgs. prop	Co	Against	Against 			3/01	SH prop. Animal resrch Co	Against	Against Valero Energy Corp	4/28	Election of Directors	Co	For	For VLO	91913Y100	4/28	Elimnate Classified Bd	Co	For	For 			4/28	Ratification of KPMG	Co	For	For 			4/28	'11 Omnibus Stk. Inc Co	For	For 			4/28	'10 Appv Compenstn EO Co	For	For 			4/28	Freq SH vote on Exec Co	Co	1YR	1YR 			4/28	SH Disc Politcl Contrib Co	Against	Against 			4/28	SH Revw Politcl Contrib Co	Against	Against 			4/28	SH Reduce Accidnt Risk Co	Against	Against Verizon Communications	5/05	Election of Directors	Co	For	For VZ	92343V104	5/05	Ratify Ind. Acct. Firm	Co	For	For 			5/05	Advisory Vote Exec. 	Co	For	For 			5/05	Freq of advisry Votes	Co	1YR	1YR 			5/05	Gender Identy Nondiscr	Co	Against	Against 			5/05	Disc. Gov't Service 	Co	Against	Against 			5/05	Perf. Stk Unit ThreshhldCo	Against	Against 			5/05	Cumulative Voting	Co	Against	Against 			5/05	Special SH Mtgs. prop Co	Against	Against General Electric	4/27	Election of Directors	Co	For	For GE	369604103	4/27	Ratification of KPMG	Co	For	For 			4/27 Advsry Res. on Exec Co. Co	For	For 			4/27	Shareowner Proposals	Co	Against	Against Norfolk SOuthern Corp	5/12	Election of Directors	Co	For	For NSC	655844108	5/12	Ratify KPMG as Ind Aud.	Co	For	For 			5/12	Apprv Exec. Compenstn	Co	For	For 			5/12	Apprv SH Advsry Vote	Co	For	For Conoco Phillips		5/11	Election of Directors	Co	For	For COP	20825C104	5/11	Ratify Ernst&yng acc.	Co	For	For 			5/11	Apprv Exec. Compenstn	Co	For	For 			5/11	Freq of advisry Votes	Co	Abstain	Abstain 			5/11	'11 Omnibus Stk&perf plnCo	For	For 			5/11	Gender Express Nondisc.	Co	Against	Against 5/11	Political Contributions co	Against	Against 			5/11 	Rep Grassroots Expendit.Co	Against	Against 			5/11	Accidnt Risk Mitigation Co	Against	Against 			5/11	Compny Environmnt Polic	Co	Against	Against 			5/11	Greenhouse Gas Reduct.	Co	Against	Against 			5/11	Fin risks of clim chnge	Co	Against	Against 			5/11	Canadian Oil Sands	Co	Against	Against Philip Morris Inter.	5/11	Election of Directors	Co	For	For PM	718172109	5/11	Ratify Ind. Auditors	Co	For	For 			5/11	Advisory Vote Exec. 	Co	For	For 			5/11	Freq of advisry Votes	Co	1YR	1YR 			5/11	Stkhldr Prop1/Food/Tob.	Co	Against	Against 			5/11	stkhldr Prop2/IndepBoardCo	Against	Against Exelon Corp.		5/03	Election of directors	CO	For	For EXC	30161N101	5/03	Rat. Prcewtrhscprs acct.Co	For	For 			5/03	Advisory Vote Exec. 	Co	For	For 			5/03	Freq of advisry Votes	Co	1YR	1YR Altria Group, Inc.	5/19	Election of Directors	Co	For	For MO	02209S103	5/19	Ratify Indp.Auditors	Co	For	For 			5/19	Advisory Vote Exec. 	Co	For	For 			5/19	Stkhldr Prop. Tob. Flvr Co	Against	Against Intel Corporation	5/19	Election of Directors	Co	For	For INTC	458140100	5/19	Ratify Ernst&yng acc.	Co	For	For 			5/19	'06 Equity Incent. pln	Co	For	For 			5/19	'06 Stk Purchase pln	Co	For	For 			5/19	Advs. Vote on Exec Comp.co	For	For 			5/19	Freq of advisry Votes	Co	Abstain	Abstain Diamond Offshore	5/23	Election of Directors	Co	For	For DO	25271C102	5/23	Ratify Del&touch acc.	Co	For	For 			5/23	Advisory Vote Exec. 	Co	For	For 			5/23	Freq vote on Exec Comp	Co	1YR	1YR Freeport-McMoran C&G	6/15	Election of Directors	co	For	For FCX	35671D857	6/15	Advisory Vote Exec. 	Co	For	For 			6/15	Freq of advisry Votes	Co	1YR	1YR 			6/15	Ratify Ernst&yng acc.	Co	For	For 			6/15	Stk Holder Proposal	Co	Against	Against Merck & Co., Inc.	5/24	Election of Directors	co	For	For MRK	589331107	5/24	Ratify Ind. acctng frm	Co	For	For 			5/24	Advisory Vote Exec. 	Co	For	For 			5/24	Freq of advisry Votes	Co	3YR	3YR Chevron Corp.		5/25	Election of Directors	co	For	For CVX	166764100	5/25	Ratify Ind. acctng frm	Co	For	For 			5/25	Advisory Vote Exec. 	Co	For	For 			5/25	Freq of advisry Votes	Co	1YR	1YR 			5/25	Sh Prop. Indep Directr Co	Against	Against 			5/25	Sh Prop. Humans rghts 	Co	Against	Against 			5/25	Sh Prop. Sustain Metric	Co	Against	Against 			5/25	Sh Prop. Country Slctn	Co	Against	Against 			5/25	Sh Prop. Fin Rsk Climt	Co	Against	Against 			5/25	Sh Prop. Hydraulic Frct Co	Against	Against 			5/25	Sh Prop. Offshore oil	Co	Against	Against The Home Depot		6/02	Election of Directors	Co	For	For HD	437076102	6/02	Ratify KPMG as Ind. acc	Co	For	For 			6/02	Advisory Vote Exec. 	Co	For	For 			6/02	Freq of advisry Votes	Co	1YR	1YR 			6/02	Act by written consent	Co	For	For 			6/02	Sh Prop Cumultv Voting	Co	Against	Against 			6/02	Sh Prop Spec SH mtgs	Co	Against	Against 			6/02 Sh Prop Employ Diversty Co	Against	Against 			6/02	Sh Prop Election Policy Co	Against	Against Wal-Mart Stores, Inc.	6/03	Election of Directors	Co	For	For WMT	931142103	6/03	Ratify Ernst&yng acc.	Co	For	For 			6/03	Advisory Vote Exec. 	Co	For	For 			6/03	Freq of advisry Votes	Co	1YR	1YR 			6/03	Gender Idnty Non-discr.	Co	Against	Against 			6/03	Politicl Contrib. Rep.	Co	Against	Against 			6/03	Special Shrhldrs Mtg.	Co	Against	Against 			6/03	Req. Sustainblty Report	Co	Against	Against 			6/03	Clim. Change risk Disc.	Co	Against	Against -------------------------------------------------------------------------------- SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940 Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) STOCK DIVIDEND FUND Signature and Title By: /s/ Laura S. Adams President Date: 08/9/11