Death care stocks, StoneMor Partners and Carriage Services, both components of the Funeral Director Daily Death Care Index (DCI), had postive movements last Friday which lifted their companies stock price and market capitalization. Carriage Services reported Year End earnings for 2017 last week and we at Funeral Director Daily commented that the company “keeps chugging along and making money, sometimes in spite of themselves.” We also mentioned, that while they have challenges, they appeared to increase their same store sales […]
Tag: funeral industry stocks
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 1.11% to the stock price as of the day of announcement.
On Tuesday, September 26, 2017, Zacks Investment Research issued an upgrade on the stock of funeral industry public company Carriage Services. You can read about that upgrade and more about Carriage Services in that news release here.