Finance
World-wide financial services company Assurant announced yesterday a quarterly dividend in the amount of $0.63 which is the same amount that had previously been in place for preceding quarters. You can read of their announcement here. Assurant is one of the eight stocks that make up the Death Care Index (DCI). They pertain to the…
Read MoreOn Tuesday global death care company Matthews International announced a sale, that was effective on June 26, of a non-controlling ownership interest in a pet cremation services business. According to this release from Matthews, the company sold its interest for a total of $57.2 million. That $57.2 million was to be paid to Matthews International…
Read MoreThis morning we noticed a news release from Market Exclusive that you can see here pertaining to a K-1 filing from Carriage Services. The filing informed the public that effective June 26, 2020, President and Chief Operating Officer William W. Goetz had resigned from those positions at Carriage Services as well as had resigned from…
Read MoreToday’s afternoon edition of Funeral Director Daily brings you an update on death care public company Security National Financial Corporation (SNDC) and its inclusion into the Russell 3000 stock market index. SNFC, which operates in the funeral, cemetery, cash assignment, and preneed portions of the death care industry was brought into the index as of…
Read MoreIn a press release from the company that you can read here, Park Lawn Corporation announced Monday that Interim CEO J. Bradley Green would have the interim tag removed and has been named Chief Executive Officer of the Toronto based death care company. In the same announcement, Park Lawn’s Board of Directors announced that Jay…
Read MoreI happened to see that at the close of the markets Friday that funeral home and cemetery operator and consolidator Park Lawn Corporation’s stock closed down over 9% from the previous day. I looked for news on the company but could not find anything in the public world that would cause a precipitous drop in…
Read MoreWhere were you when you first realized that the coronavirus may be something serious and you changed your course of habits to manage your lifestyle more safely? Angie and I were on a scheduled flight out of Honolulu returning to Minneapolis on February 1, the day after President Trump had instituted the flight ban from…
Read MoreIn this release from Foundation Partners Group you can read about their new acquisitions on the west coast of Florida. The Orlando based company announced on Wednesday, June 10, that they had acquired two firms with common ownership in that area. It was announced that Foundation Partners Group (FPG) acquired the Jennings Funeral Home and…
Read MoreBack on May 18,2020, Security National Financial Corporation (SNFC) reported its 1st Quarter 2020 results that encompassed the period from January 1, 2020 to March 31, 2020. The results, which you can see in a press release here, showed that the company increased revenues in the period compared to the prior year’s revenue by 29.2%…
Read MoreThis press release from Globe Newswire indicates that the StoneMor, Inc. has received a “Going Private” proposal from Axar Capital as of May 24, 2020. In the proposal, Axar Capital Management, which is an approximately 52% owner of StoneMor, Inc., has proposed paying $0.67 per share to purchase all of the outstanding shares of the…
Read More
