Funeral Home Firms announce Dividends

Last week public market funeral home and cemetery operators Park Lawn Corporation and Carriage Services made announcements about their dividends to stockholders going forward.

In an article that you can read here Park Lawn Corporation announced that they will be paying a monthly dividend in November of $C 0.038 per share – which on an annual basis would equal $C 0.046 per share.  This is unchanged from last month’s dividend.  The Park Lawn stock price was at $C 23.75 on Friday so that dividend represents a yield of 1.93% annually.  Park Lawn will be releasing 3Q 2018 earnings on November 12.

($C =Canadian dollar amounts)

 

Carriage Services, in an article you can read here, announced that their quarterly dividend will be unchanged at $0.075 per share for an annual $0.30 per share.  Carriage Services closed at $19.17 on Friday so the dividend represents a 1.56% yield.  Carriage Services will be releasing 3Q 2018 earnings after the market close on Wednesday.

Related–Industry leader Service Corporation International will be releasing quarterly earnings after the market close today.  We hope to bring you related remarks on such in the next few days.

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