Funeral Home Firms announce Dividends

By Funeral Director Daily / October 29, 2018 /

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…

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Spanish Funeral Firms Consider Merger

By Funeral Director Daily / October 25, 2018 /

The second and third largest funeral home firms in Spain are considering a merger according to this article from Reuters.  Santa Lucia’s subsidiary Albia and Mapfres’ subsidiary Funespana are the number two and three in funeral services in the country and are contemplating teaming up to become a company that would do about $229 million…

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The Death Care Index and an Upwards Earning Trend

By Funeral Director Daily / October 22, 2018 /

Funeral Director Daily has established the DCI or Death Care Index for eight publicly traded companies that operate in the death care industry.  The companies, all headquartered in North America, operate in the financial (preneed) sector, the manufacturing (caskets and monuments) sector, or the retail (funeral home and cemetery) sector. The companies include Security National…

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A Tale of Two Stocks

By Funeral Director Daily / October 19, 2018 /

Much like many of you, I’m an amateur investor that likes to watch what is happening to public sector stocks in the death care industry.  Today I’m going to take a look at a couple of stocks that I own in the industry – Service Corporation International and Carriage Services — and try to deduce…

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Foundation Partners Acquires South Carolina Firm

By Funeral Director Daily / October 15, 2018 /

Last week we learned that Orlando based Foundation Partners Group had acquired The Island Funeral Home and Crematory and Cremation Simplified in Hilton Head, South Carolina.  According to a press release that you can read here, that purchase expanded Foundation Partner’s network of funeral homes in South Carolina to eleven locations. Funeral Director Daily take: …

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More on Park Lawn Corporation

By Funeral Director Daily / October 4, 2018 /

Today’s earlier post was on the Park Lawn Corporation acquiring a funeral home in North Carolina.  It sometimes amazes me that these acquisitions seem to happen in bunches and today we received an announcement out of Toronto that goes to that point. I woke up this morning to find a press release that you can…

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A new image at StoneMor

By Funeral Director Daily / September 24, 2018 /

We did not see a press release on such, but we recently noticed that StoneMor Partners has began using a new logo.  From our point of view it is appropriate as the company has had some rough times over the last couple of years with the stock price falling from the mid $20’s to Friday’s…

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Acquisition News — Foundation Partners/InvoCare

By Funeral Director Daily / September 21, 2018 /

Foundation Partners, based in Orlando, Florida recently announced that they had made an acquisition to their family of brands.  They announced that they had acquired Legacy Funeral & Cremation Care in San Diego County, California.  You can read a press release here. The purchase from the Savino family represents an opening into the San Diego…

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Park Lawn Corporation Reports 2Q 2018

By Funeral Director Daily / August 17, 2018 /

Canadian public company Park Lawn Corporation announced their 2nd quarter financial results this week.  You can see the company’s press release here.  According to the company, “The results show solid operating performance across the majority of the business, particularly in the CMS Mid-Atlantic and Saber business segments of the company. Here are some of the…

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Security National Financial Reports Quarterly Results

By Funeral Director Daily / August 16, 2018 /

As we come to the end of the earnings reporting period for the public death care companies we give you the quarterly report for Security National Financial Corporation.  Security National is the Utah based public company that operates in three segments — insurance, cemeteries and funerals, and mortgages.  Funeral Director Daily is most focused on…

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