Park Lawn Corporation announced a quarterly dividend of $0.114 per share, payable on April 15, 2022, for shareholders on record as of March 31, 2022. The company offers a Dividend Reinvestment Plan (DRIP), allowing eligible shareholders to reinvest dividends into additional shares at a 3% discount. Shareholders can enroll in the DRIP through TSX Trust Company, with forms due by 3:00 pm EDT on the fifth business day before the record date. Detailed information about the DRIP is available on PLC's website.
Park Lawn Corporation (TSX:PLC) has completed the acquisition of the assets of Smith Funeral & Cremation Service, Life & Legacy Cremation Center, and related entities in Maryville, Tennessee. This acquisition enhances PLC's presence in Eastern Tennessee, with the Smith businesses boasting a long-standing reputation for professional excellence. CEO J. Bradley Green expressed excitement about integrating the Smith businesses and expanding their esteemed legacy. PLC operates across Canadian provinces and U.S. states, offering memorialization services.