Tag: stonemor

Article on Seeking Alpha Expects StoneMor Dividend Cut
Finance

Article on Seeking Alpha Expects StoneMor Dividend Cut

An article that appeared on Seeking Alpha on September 2, 2017, concludes that StoneMor Partners will be forced to either eliminate or greatly reduce their quarterly dividend soon.  StoneMor, a Master Limited Partnership built through funeral home and cemetery acquisitions has seen its stock plunge from about $26 per share in 2016 to a close of $6.59 per share last Friday.  The company owns 317 cemeteries and 105 funeral home properties. The article lists four reasons why the author believes […]

Stonemor Issues Update on Sales Team Development
Finance

Stonemor Issues Update on Sales Team Development

REVOSE, Pa., Feb. 08, 2017 (GLOBE NEWSWIRE) — StoneMor Partners L.P. (NYSE:STON) (“StoneMor” or the “Partnership”) today provided additional data on the ongoing restructuring of its sales force. Total salespeople within the salesforce at January 31, 2017 numbered 766, which was 81 more than the prior year comparable period.  The salesperson count at January 31, 2017 also reflects an increase of 14 individuals from the 752 reported at December 31, 2016. The number of salespeople who made a sale during […]