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Park Lawn Corp T.PLC

Park Lawn Corporation is engaged in providing goods and services associated with the disposition and memorialization of human remains. The Company and its subsidiaries own and operate businesses, including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. Its primary products and services are cemetery lots, crypts, niches, monuments, caskets, urns and other merchandise, funeral services, after-life celebration services and cremation services. Its products and services are sold on a pre-planned basis or at the time of death. It has one stand-alone funeral home located in Durham, North Carolina; one stand-alone funeral home and one on-site funeral home and cemetery located in Abingdon, Virginia; eight stand-alone funeral homes, two stand-alone cemeteries and one on-site funeral home and cemetery located in and around the Savannah, Tennessee area; three stand-alone funeral homes located in Brampton, Woodbridge and Toronto, Ontario and more.


TSX:PLC - Post by User

Bullboard Posts
Comment by Munkybarzon Jan 02, 2018 5:17pm
148 Views
Post# 27265496

RE:Dividend

RE:Dividend
cpeczek wrote:
I've been watching this stock closely and I'm ready to take my first plunge into buying it. I noticed that the company has consistently paid dividends since 2012 but hasn't raised the price once. I realize that this is to make acquisitions but I was wondering if anyone can remember a time when the company made an official statement on this?


Agreed, totally, it is way over due. If my memory serves me, it has been the same since 2006 when it was Park Lawn income Trust. The PLC SP being 22.83 at close of trading today and the dividend at .038 monthly X 12 equates to a 2% yield per annum. A small upward adjustment would be very welcomed.

Bullboard Posts