Last week Carriage Services announced that they will continue with their quarterly dividend of 7.5 cents per share. The dividend will be payable on March 1, 2018, to shareholders of record as of February 12, 2018. This amount of $0.075 per quarter translates into a dividend yield for Carriage Services on an annual basis of…
As you know I live in Greater Minnesota (that area that is not in the Minneapolis-St. Paul metroplex) in an area where fishing and duck hunting is very popular. Just the other day I was introduced to a product in the funeral industry that maybe has some potential in my area. That product is Gloryboat…
We’ve written several times in this medium that funeral homes all over the country are having tough times attracting and retaining new young employees. I came across an article published by ABC.net Australia that you can read here which points out maybe some of us older, set in our ways employers just need to be…
An interesting bill that may have ramifications for beyond West Virginia was recently referred to the West Virginia House Finance Committee. The bill, which should come up for debate and possible vote this session stems from the fact that the West Virginia Department of Health and Human Resources ran out of indigent burial funding last…
There is no doubt that there is a tremendous value in establishing a national brand that can gain value by economies of scale, national reputation, and accessibility. Think about companies like Dominos, Burger King, McDonalds, Waste Management, Macy’s, Kohls, and the like where you know the value and quality of what you are buying when…
BUSINESS
Demographic changes will drive business. . .and your funeral home’s value
I came across this recent article from Yahoo Finance titled “Climate change is ending the Sun Belt boom” and it reminded me how demographics can and will affect the operations of your funeral…
Moving preneed thoughts to the consumer mind
I think it is a pretty well established fact that if a funeral home can get families to talk about what they want to have done at their eventual death the funeral home…
Unclaimed bodies: Growing and a threat to your financial success?
If you do research like I do about the Death Care profession you come across lots of articles that talk about county morgues running out of room to hold human remains. And, one…
FINANCE
Demographic changes will drive business. . .and your funeral home’s value
I came across this recent article from Yahoo Finance titled “Climate change is ending the Sun Belt boom” and it reminded me how demographics can and will affect the operations of your funeral…
Hoff Funeral Home and Cremation Service adds to their Minnesota holdings. . and more Hoff news
It was recently announced in this article from the Fillmore County Journal that Hoff Funeral and Cremation Service recently acquired the former Riley Funeral Homes in both Lanesboro and Chatfield, bringing their number…
Will Carriage Services be next?
It’s been less than a month since a partnership of Homesteaders Life and private equity firm Birch Hill Partners announced their intention to acquire 100% of public funeral home and cemetery operator Park…
REGULATIONS
Unclaimed bodies: Growing and a threat to your financial success?
If you do research like I do about the Death Care profession you come across lots of articles that talk about county morgues running out of room to hold human remains. And, one…
A roadblock in Delaware
All states have some type of restriction on who can fill in and file death certificates online. And, in most states, that responsibility lies many times with licensed funeral directors and morticians. This…
The story of the “Last Signer” of the Declaration of Independence
A rallying cry for colonists in pre-independent America was “No taxes without representation”. That basically referred to the act of taxing the colonies through British laws where colonists had no say, or vote, in…
CEMETERY
Grimes family buys cemeteries, prepares for the 3rd generation
Johnny and Stacey Grimes are the owners of the Grimes Funeral Home in Kerrville, Texas, and according to this article from the Hill Country Community Journal they recently purchased the two Garden of…
Synergy is working for the Wilbert Group
“Synergy” is an interesting word and one that is almost always used when companies align, merge, or are aquired. It is defined as such, “the interaction or cooperation of two or more organizations,…
Musgrove’s announce plan for new “Court of Honor”
We are just a weekend away from honoring our veterans with Memorial Day celebrations across the country. In word we received last month we learned that Musgrove Family Mortuaries and Cemeteries was getting…
CREMATION
Cremation has grown to a rate where growth is now “decelerating”
It was back in June when the Cremation Association of North America (CANA) issued its 2024 Annual Statistical Report. That report showed as CANA said, “. . . “the national cremation rate has grown…
Unclaimed bodies: Growing and a threat to your financial success?
If you do research like I do about the Death Care profession you come across lots of articles that talk about county morgues running out of room to hold human remains. And, one…
Synergy is working for the Wilbert Group
“Synergy” is an interesting word and one that is almost always used when companies align, merge, or are aquired. It is defined as such, “the interaction or cooperation of two or more organizations,…
PRENEED
Moving preneed thoughts to the consumer mind
I think it is a pretty well established fact that if a funeral home can get families to talk about what they want to have done at their eventual death the funeral home…
Will Carriage Services be next?
It’s been less than a month since a partnership of Homesteaders Life and private equity firm Birch Hill Partners announced their intention to acquire 100% of public funeral home and cemetery operator Park…
Global Atlantic, SCI form preneed partnership
It was announced in this press release yesterday from Global Atlantic Financial Group (Global Atlantic) that the company had formed a partnership with the largest provider of funeral, cemetery, and cremation services in…
PRODUCTS
Cremation has grown to a rate where growth is now “decelerating”
It was back in June when the Cremation Association of North America (CANA) issued its 2024 Annual Statistical Report. That report showed as CANA said, “. . . “the national cremation rate has grown…
Baseball, Hot Dogs, Apple Pie, Chevrolet. . . and digging graves
According to this article from Mac’s Motor City Garage “Chevrolet truly was working to be all things to all Americans. If the carmaker had its way, every American would be driving a Chevy.…
Synergy is working for the Wilbert Group
“Synergy” is an interesting word and one that is almost always used when companies align, merge, or are aquired. It is defined as such, “the interaction or cooperation of two or more organizations,…
