StoneMor Partners L.P. (NASDAQ:STON) declared a quarterly dividend on Tuesday, July 23rd, Analyst Ratings Network.com reports. Shareholders of record on Monday, August 5th will be given a dividend of $0.60 per share on Thursday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 9.21%.
Shares of StoneMor Partners L.P. (NASDAQ: STON) traded up 0.21% during mid-day trading on Tuesday, hitting $26.1043. StoneMor Partners L.P. has a 52 week low of $20.10 and a 52 week high of $28.00. The stock’s 50-day moving average is currently $25.5. The company’s market cap is $557.2 million.
StoneMor Partners L.P. (NASDAQ:STON) last posted its quarterly earnings results on Tuesday, May 7th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.07. The company had revenue of $59.60 million for the quarter, compared to the consensus estimate of $63.59 million. On average, analysts predict that StoneMor Partners L.P. will post $-0.29 earnings per share for the current fiscal year.
StoneMor Partners L.P. owns and operates cemeteries in the United States. As of December 31, 2009, the Company operated 235 cemeteries in 24 states and Puerto Rico.