ACCESSWIRE
25 Mar 2023, 01:20 GMT+10
TORONTO, ON / ACCESSWIRE / March 24, 2023 / Park Lawn Corporation (TSX:PLC, PLC.U) ('PLC') announced today that the quarterly dividend of $0.114 per share will be payable on April 17, 2023 to shareholders of record as at March 31, 2023.
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 EDT 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 three Canadian provinces and twenty U.S. states.
Contact Information
Daniel Millett
Chief Financial Officer
(416) 231-1462 ext. 221
SOURCE: Park Lawn Corporation
Get a daily dose of BC Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to BC Post.
More InformationWASHINGTON D.C.: The Defense POW/MIA Accounting Agency has announced that 2nd Lt. James Litherland of South Williamsport, Pennsylvania, an Army ...
DHAKA, Bangladesh - The Anti-Corruption Commission (ACC) has filed a case against 13 members of Grameen Telecom's board of directors, ...
WASHINGTON D.C.: The U.S. Commerce Department has said that trade ministers from 14 countries have taken part in the US-led ...
LOUISVILLE, Kentucky: Two horses that succumbed to their injuries at Churchill Downs have become the 11th and 12th fatalities over ...
FREMONT, California: Brain implant company Neuralink announced that it has received approval from US regulators to begin human brain implant ...
JEFFERSONVILLE, Indiana: Randy Lankford, owner of Lankford Funeral Home and Family Center in Jeffersonville, Indiana, has pleaded guilty to more ...
The Boston Red Sox will be dealing with the most powerful team in baseball Friday night when they open a ...
Buck Showalter spoke optimistically of the New York Mets seeking their level after watching his team complete a three-game sweep ...
The Washington Nationals are back at home after a cross-country trip, probably in an encouraged mindset. It's not that way ...
The Oakland Athletics, who have the worst record in the majors at 12-46, will begin a nine-game road trip when ...
A surprising challenger and division favorite meet for the first time when the Milwaukee Brewers visit the Cincinnati Reds in ...
New Delhi [India], June 2 (ANI): Portugal's goal-scoring machine Cristiano Ronaldo cleared the air of uncertainty about his future that ...