Welcome to our dedicated page for Principal U.S. Large-Cap Multi-Factor ETF news (Ticker: PLC), a resource for investors and traders seeking the latest updates and insights on Principal U.S. Large-Cap Multi-Factor ETF stock.
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Park Lawn Corporation has announced its acquisition of Chancellor Funeral Home and Garden of Memories, enhancing its footprint in the Jackson, Mississippi area. The deal involves one stand-alone funeral home and a combination funeral home and cemetery, contributing approximately US$1.25 million in EBITDA annually. The acquisition, financed through its credit facility and available cash, is expected to close in April 2022 following regulatory approval. This strategic move aligns with PLC's growth objectives and strengthens its presence in the U.S. market.
Park Lawn Corporation (TSX:PLC) has announced a shift from monthly to quarterly dividend payments, with each dividend set at $0.114 per share, totaling $0.456 annually. The first payment is expected on April 15, 2022, for shareholders on record as of March 31, 2022. The final monthly dividend of $0.038 will be paid on January 17, 2022. The company also provides a Dividend Reinvestment Plan (DRIP) for eligible shareholders, allowing dividends to be reinvested in additional shares.
Park Lawn Corporation (TSX:PLC) has successfully completed the acquisition of Ingram Funeral Home & Crematory, a stand-alone operation in Cumming, Georgia. This strategic move aims to bolster PLC's presence in one of the fastest-growing states in the U.S. CEO J. Bradley Green emphasized the potential for market expansion and operational synergies. The acquisition aligns with PLC's goal to enhance service offerings and drive growth, leveraging Ingram's established reputation in the community.
