Finance
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…
Read MoreThe 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…
Read MoreFuneral 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…
Read MoreMuch 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…
Read MoreLast 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: …
Read MoreToday’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…
Read MoreWe 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…
Read MoreFoundation 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…
Read MoreCanadian 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…
Read MoreAs 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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