Park Lawn Corporation Announces December 2021 Dividend, Payable on January 17, 2022; Moves from Monthly to Quarterly Dividend Payment Schedule with First Quarter Dividend Payable on April 15, 2022
December 21, 2021 at 04:03 am IST
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Park Lawn Corporation announced dividend of $0.038 per common share for the month of December which will be payable on January 17, 2022 to shareholders of record as at December 31, 2021. The company also announced that it is moving from a monthly to a quarterly payment schedule with dividends expected to be made in March, June, September and December of each calendar year and paid on a quarterly basis at the rate of $0.114 per common share. Subject To Approve the Board of Directors, the first quarterly dividend of $0.114 per common share ($0.456 per common share annually) is expected to be effective for the March dividend that will be paid on April 15, 2022, to shareholders of record as at March 31, 2022.
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.
Park Lawn Corporation Announces December 2021 Dividend, Payable on January 17, 2022; Moves from Monthly to Quarterly Dividend Payment Schedule with First Quarter Dividend Payable on April 15, 2022