Actually, your comment about stock dividends is only partly true.

http://www.kofc.org/en/news/insurance/the-catholic-difference.html

Key:

"We are not a commercial company. We have no stockholders. We answer only to our members. We return a share of our profits through dividends to our participating policyholders, and we donate generously."

BTW, it took me 2 seconds to google *Knights of Columbus Insurance Company* and find that policyholders do get dividends.  I suggest you do the same before you stake out a position.