Park Lawn Corporation to Issue Monthly Dividend of $0.04 (PLC)
Park Lawn Corporation (CVE:PLC) declared a monthly dividend on Wednesday, September 20th, Zacks reports. Stockholders of record on Saturday, September 30th will be given a dividend of 0.038 per share on Monday, October 16th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend is Thursday, September 28th.
Park Lawn Corporation (CVE:PLC) opened at 19.03 on Thursday. The company has a market cap of $291.90 million and a PE ratio of 26.50. The stock’s 50 day moving average price is $18.62 and its 200-day moving average price is $18.66. Park Lawn Corporation has a 1-year low of $14.85 and a 1-year high of $20.88.
Several analysts have recently commented on the stock. National Bank Financial reaffirmed an “outperfrom under weight” rating on shares of Park Lawn Corporation in a research report on Tuesday, June 27th. Paradigm Capital lifted their price target on shares of Park Lawn Corporation from C$23.00 to C$25.00 in a research report on Friday, July 21st.
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