StoneMor Partners L.P.(STON) Declares Dividend of $0.3300.

StoneMor Partners L.P. (STON) had declared a cash dividend of $0.3300 on Jan 27, 2017. The shares will quote ex-dividend on Feb 3, 2017 and the record date has been fixed for Feb 7, 2017. Based on Feb 3, 2017 share price, the yield comes out to be 12.57%. The dividend payable date has been fixed on Feb 14, 2017.

StoneMor Partners L.P. (STON) made into the market gainers list on Tuesdays trading session with the shares advancing 0.28% or 0.03 points. Due to strong positive momentum, the stock ended at $10.74, which is also near the day’s high of $10.98. The stock began the session at $10.6 and the volume stood at 2,31,853 shares. The 52-week high of the shares is $27.82 and the 52 week low is $7.735. The company has a current market capitalization of $407 M and it has 3,78,63,496 shares in outstanding.

StoneMor Partners L.P.(STON) last announced its earnings results on Nov 9, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $78.54M. Analysts had an estimated revenue of $84.28M. Earnings per share were $-0.32. The reported EPS was above estimates by $0.25 or NaN%. Analysts had estimated an EPS of $-0.07.

Several Insider Transactions has been reported to the SEC. On Jan 4, 2017, Robert B Jr Hellman (director) purchased 1,109 shares at $8.95 per share price.Also, On Jan 4, 2017, Martin R Lautman (director) purchased 554 shares at $8.95 per share price.On Jan 4, 2017, William Robert Shane (director) purchased 532 shares at $9.19 per share price, according to the Form-4 filing with the securities and exchange commission.

StoneMor Partners L.P. is an owner and operator of cemeteries and funeral homes in the United States. The Company operates through five segments: Cemetery Operations – Southeast Cemetery Operations – Northeast Cemetery Operations – West Funeral Homes and Corporate. The Company’s Cemetery Operations – Northeast and Cemetery Operations – West segments sell interment rights caskets burial vaults cremation niches markers and other cemetery related merchandise. The Company’s Funeral Homes segment offers a range of funeral-related services such as family consultation the removal of and preparation of remains and the use of funeral home facilities for visitation and prayer services. The Company’s Corporate segment includes various home office selling and administrative expenses such as payroll accounting collections and professional fees. The Company operates approximately 304 cemeteries and 102 funeral homes in over 28 states and Puerto Rico.

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