Death Stocks

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Death is kind of a depressing topic but it is something that won't go away and several companies are making money due to that fact. Death stocks are companies involved in the business of cemeteries, cremation, coffins, funeral parlors, and headstones.


Starbucks in a Funeral Home

Death has become such a popular industry that Starbucks (SBUX) has put one of its gourmet coffee shops in the
Robinson Funeral Home
in Easley, South Carolina. There are many companies that operate in thisindustry , and based on the list at WallStreetNewsNetwork.com, there are over half a dozen
companies in the death business
. One interesting thing to note is that most of these companies pay dividends.


Memorials and Caskets
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For example, Matthews International (MATW) is in the business of memorialization products for cemeteries. The company produces manufactures cast bronze and granite memorials, cast and etched architectural products, mausoleums, and wood and metal caskets. The stock trades at 21.4 times present earnings and sports a yield of 1.0%.


Cemeteries and Crematoria

Service Corporation International (SCI) is the largest funeral service company by market cap. The company also owns cemeteries and crematoria, and even sell s caskets. The company pays a decent yield of 1.5%, and trades at 17.5 times forward earnings.


Caskets and Urns

Hillenbrand (HI) is the largest publicly traded casket manufacturer, which also makes cremation caskets, containers, vaults, and urns. The forward price to earnings ratio is 29, and the yield is a fairly generous 2.7%.


More Death Stocks

To access a free list of all the
death stocks
, which can be downloaded, sorted, and added to, go to WallStreetNewsNetwork.com.


Disclosure: Author didn't own any of the above at the time the article was written. 
 
By Stockerblog.com


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