Park Lawn Corporation
In a news release provided by Park Lawn Corporation that you can read here, the company announced on July 5, 2018, that they are purchasing the Hanson Arbor Funeral Chapels in the Okanagan Valley of British Columbia. The purchase will bring four funeral homes and a crematorium into the Park Lawn family. The release also…
Read MorePart of what we try to do at Funeral Director Daily is to keep you updated on all things funeral service. One of the ways we do that is by watching what is happening with the publicly held death care community stocks. Here are the stocks that we check up on regularly and compute the…
Read MoreAfter the close of business on Tuesday, May 15, Canadian death care consolidator Park Lawn Corporation reported their First Quarter results for 2018. You can see a copy of their Press Release here. Park Lawn reported revenues of $27,206,240 for the quarter compared to revenues of $18,802,424 for the same period of a year…
Read MoreAt the close of business Monday, May 7, Park Lawn Corporation announced that it had completed its announced purchase of Signature Funeral and Cemetery Investments, LLC (the Signature Group) for approximately US$123 million. You can read the press release from Stockhouse here. According to Park Lawn CEO Andrew Clark, “With the acquisition of Signature Group,…
Read MoreIf you are at all interested in learning about Canadian death care public company Park Lawn Corporation we came across this recent interview of their CEO Andrew Clark on the Capital Ideas portion of Small Cap Power. It is a 4 minute interview that you can reach at the 12:00 minute mark of the program.…
Read MoreWhen Funeral Director Daily made our 2018 predictions, one that we made was that we thought Canadian funeral and cemetery operator, Park Lawn Corporation, would be aggressive in building its network of funeral homes and cemeteries in the United States. If you did not agree even when they made a purchase of approximately $US…
Read MorePark Lawn Corporation, the Toronto based funeral home and cemetery consolidator, released their 4th quarter and Year End 2017 results last week. Andrew Clark, Chairman and CEO of the company stated in the release, “Overall the company continued to grow in 2017, while improving its margin profile.” He continued, “Our goals for 2018 include increased…
Read MoreLast Thursday, March 22, Park Lawn Corporation announced its March monthly dividend. The company retained the dividend at $0.038 per month which figures out to a yearly dividend of $0.46 per share. Park Lawn’s stock closed last Friday at $26.60 per share leading the dividend to pay a yield of 1.7%. That stock price compares…
Read MoreFriday marked the stock market’s first “quadruple witching day” of 2018 so we thought it might be a good time to look at the performance of the death care industry stocks and how they performed in the first 2 1/2 months of the 2018 market. Funeral Director Daily’s Death Care Index or DCI is a…
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