Funeral Director Daily
Last Thursday, March 22, Park Lawn Corporation announced its March monthly dividend. The company retained the dividend at $0.038 per month which figures out to a yearly dividend of $0.46 per share. Park Lawn’s stock closed last Friday at $26.60 per share leading the dividend to pay a yield of 1.7%. That stock price compares…
Read MoreAn article appeared in the Minneapolis Tribune that you can read here that pertained specifically to the city of Rosemount, Minnesota, but dealt with the Minneapolis-St. Paul metroplex in general and the practice of local police departments of escorting funeral corteges from the place of service to the cemetery for interment. The article explained that…
Read MoreIn a unique situation the State of West Virginia has no members currently sitting on the Board of Funeral Service Examiners. According to an article that you can read here in the West Virginia Gazette Mail, the state legislature was planning on having a bill passed that would have transferred the board’s duties and…
Read MoreThere is not a business around that doesn’t want a bigger piece of the pie when it comes to market share. Funeral businesses and funeral home owners are no different. So, what is the secret in building your market share? First, there is no silver bullet on how it is done. However, just like Major…
Read MoreAn article that appeared recently on the Bolivarmonews.com web-site which you can read here announced the merger of two funeral homes in Buffalo, Missouri into one facility. It was announced that the Cantlon-Otterness Funeral Home and the Montgomery-Viets Funeral Home will become one entity owned by the Howe family of Lebanon, Missouri. The Howe family…
Read MoreThe South Korean Ministry of Health and Welfare recently released a report that indicates that since the 1990’s South Koreans have been preferring cremation at a very high percentage. An article published in the Straits Times that you can read here indicates that over 80% of South Koreans now choose cremation. The article points…
Read MoreReuters has reported in a report that you can read here that the Sunset Mesa Funeral Home of Montrose, Colorado, and its associated business, Donor Services, remains under investigation by the FBI. In addition, a lawsuit has been filed by Shirley Hollenback and her daughter alleging that the remains she received purported to be the…
Read MoreWhile we don’t know why at this time, Anchorage funeral director, Scott Janssen – The Mushin’ Mortician – was forced to scratch in the Iditarod Sled Dog race only 22 miles from the finish line in Nome, Alaska. Janssen and his team of dogs had trekked 976 of the 998 mile course in the past…
Read MoreFriday marked the stock market’s first “quadruple witching day” of 2018 so we thought it might be a good time to look at the performance of the death care industry stocks and how they performed in the first 2 1/2 months of the 2018 market. Funeral Director Daily’s Death Care Index or DCI is a…
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