Park Lawn Corporation Announces December 2021 Dividend and Adoption of a Quarterly Payment Schedule
TORONTO, ONTARIO – (December 20, 2021) – Park Lawn Corporation (TSX:PLC) (“PLC”) announced today that it is moving from a monthly to a quarterly payment schedule with dividends expected to be made in March, June, September and December of each calendar year and paid on a quarterly basis at the rate of $0.114 per common share. Subject to approval of the Board of Directors, the first quarterly dividend of $0.114per common share ($0.456 per common share annually) is expected to be effective for the March dividend that will be paid on April 15, 2022, to shareholders of record as at March 31, 2022. Monthly dividend payments will continue until the end of 2021. The December dividend of $0.038 per common share