This area was first worked in 1907. In 1916 a rich body of ore was struck. The town was named Dividend because of the profits payed out to stock holders. By 1922 over 1 « Million dollars had been payed out in dividends. In 1949 the mine closed. It had payed out over 19 million dollars in dividends. Submitted by Bob Bezzant.

UPDATE:Dividend, Utah. As recently as a few years ago you were free to roam around this fine site. But recently it has been posted No tresspassing. >From my understanding there is a company considering coming back into the area and reopening the mine. In nearby Burgin mining is still continuing and may be expanded. A nice driveable road goes through Dividend and there is much to see. There is a mural that used to have some pictures of the town and talked about it, but nothing much is left and all the pictures have been stolen by vandals. The old water tanks still sit above the mine and look over the townsite, you can still see the words "TINTIC STANDARD" painted on them. If you fallow the dirt road from Highway six south through Dividend and around the corner you can still see what appears to be an old Tipple and a gallows still standing. They are both quite picturesque. Dividend once had a baseball diamond, gold course and tennis courts. It was also one of the first towns in Utah to have indoor plumming.(1) - Brian Snarr