Park Lawn Corporation (TSX:PLC) ("PLC") announced today that the monthly dividend of $0.038 per share will be payable on July 17th, 2017 to shareholders of record at June 30th, 2017.

TORONTO, June 20, 2017 /CNW/ - Park Lawn Corporation (TSX:PLC) ("PLC") announced today that the monthly dividend of $0.038 per share will be payable on July 17th, 2017 to shareholders of record at June 30th, 2017.

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 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 65 businesses including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. PLC operates in Ontario, Quebec, Manitoba, Saskatchewan, British Columbia & Michigan.

SOURCE Park Lawn Corporation (Date:06/20/2017 23:35) Related News about "Park Lawn Corporation Announces June 2017 Dividend" news from other sites: (news similarity rate is shown on left.)

Games with Gold December 2017 list: Warhammer and more It’s that time of the month: Microsoft has unveiled its Games with Gold list for December 2017, revealing to subscribers the titles they get for free with their Xbox Live Gold subscription. Acco.. >>
Thanksgiving 2017 Hours: Find A Full List Of Restaurants, Stores, And Banks That Will Be Open On November 23 Thanksgiving 2017 is finally here, and those looking to find out hours for restaurants, stores, and banks will find a very mixed bag. The holiday dedicated to food and family means many are closing.. >>
MS-13 member 'helped lure murder victim to park' Miguel Lopez-Abrego, 19, a citizen of El Salvador who is in the United States illegally, made his first court appearance in Montgomery County on Wednesday. He was denied bond... >>
Black Friday 2017 Samsung Deals: Sale On Verizon, AT&T, T-Mobile And Sprint Black Friday 2017 is quickly approaching and U.S. carriers are offering extensive deals on Samsung devices. The Galaxy S8, Galaxy S8+, Galaxy S8 Active and Galaxy Note 8 are all on sale at AT&T, V.. >>
Champions League 2017-18: Fixtures, results, tables & all you need to know Goal has your full guide to Europe's premier club competition as the likes of Bayern Munich, Real Madrid and Barcelona vie for supremacy.. >>
June: June is the sixth month of the year in the Julian and Gregorian calendars and one of the four months with a length of 30 days. June is the month with the longest daylight hours of the year in the Northern Hemisphere and the shortest daylight hours of the year in the Southern Hemisphere.[citation ne
July: July is the seventh month of the year in the Julian and Gregorian Calendars and one of seven months with the length of 31 days. It was named by the Roman Senate in honor of the Roman general, Julius Caesar, it being the month of his birth. Prior to that, it was called Quintilis.
Lawn: A lawn is an area of land planted with grasses or other durable plants, which are maintained at a short height and used for aesthetic and recreational purposes. Common characteristics of a lawn are that it is composed only of grass species, it is subject to weed and pest control, it is subject to p