Le Lézard
Classified in: Business
Subject: DIV

Park Lawn Corporation Announces October 2019 Dividend


TORONTO, Oct. 22, 2019 /CNW/ - Park Lawn Corporation (TSX: PLC) ( "PLC") announced today that the monthly dividend of $0.038 per share will be payable on November 15th, 2019 to shareholders of record at October 31st, 2019.

Park Lawn Corporation (CNW Group/Park Lawn Corporation)

PLC offers a Dividend Reinvestment Plan ("DRIP") which allows eligible shareholders of PLC to reinvest their cash dividends into additional common shares of PLC, which will be issued from treasury (or purchased on the open market) on the applicable dividend payment date. If common shares are issued from treasury, the price at which such common shares are issued will be the volume weighted trading price of PLC's common shares over the five business days immediately preceding such dividend payment date less a discount, if any, of up to 5%, at PLC's election. PLC has set the current discount for purchases under the DRIP at 3%. PLC may, subject to the terms of the DRIP, alter or eliminate any discount at any time.

An eligible shareholder may enroll in the DRIP by completing an enrollment form and returning it to TSX Trust Company (the "Administrator"). A completed enrollment form must be received by the Administrator no later than 3:00 pm EST on the fifth business day immediately preceding the relevant dividend record date in order to take effect on the dividend payment date to which that dividend record date relates.

The full text of the DRIP and an enrollment form are available on PLC's website at www.parklawncorp.com. Shareholders should carefully read the complete text of the DRIP before making any decisions regarding their participation in the DRIP. Beneficial shareholders who hold their shares through a nominee and who wish to participate in the DRIP should contact their nominee to enquire about enrollment.

About PLC
PLC provides goods and services associated with the disposition and memorialization of human remains. Products and services are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). PLC and its subsidiaries own and operate businesses including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. PLC operates in five Canadian provinces and fourteen US States.

SOURCE Park Lawn Corporation


These press releases may also interest you

at 08:15
Cardiff Oncology, Inc. , a clinical-stage oncology therapeutics company developing drugs to treat cancers with the greatest medical need for new treatment options, including KRAS-mutated colorectal cancer, Zytiga®-resistant prostate cancer and...

at 08:15
SourceCast expresses its gratitude for members of the U.S. Armed Forces, their families, and Veterans during National Military Appreciation Month....

at 08:10
Abacus Health Products, Inc. ("Abacus" or the "Company") reported its financial results today for the first quarter ended March 31, 2020. All amounts are in U.S. dollars unless indicated otherwise. Update on Proposed Acquisition of Abacus by...

at 08:09
A majority of job seekers can't capture transferable skills on their resumes or identify how those skills apply to other industries, according to a LiveCareer national survey of 1,519 people left unemployed as a result of the coronavirus pandemic....

at 08:08
New data released today by CAN Capital, Inc., a provider of access to working capital for small and medium sized businesses, shows business owners have a sense of confidence for the future after the COVID-19 crisis. Polling more than 400 U.S. small...

at 08:08
International experts treating COVID-19 patients have concluded that hemodynamic optimization plays a major role in the management of the complex interaction of respiratory and cardiovascular factors. CNSystems, a global market-leader for noninvasive...



News published on 22 october 2019 at 11:54 and distributed by: