$PROPEL FUNERAL PARTNERS LTD(PFP.AU)$
ππ NOW PART OF THE ASX300 ππ
Looking for a solid longer term investment On the ASX? You may like to consider:
Propel Funeral Partners (ASX:PFP) is now into the ASX 300
The only certainties in life are death and taxes, and this company helps with the former. And it isn't cheap, with a cost per funeral of over $6,000. In 1HY24, it increased revnues by 23%, funeral volumes by 17% and its profit by 7%. PFP is growing both organically and through M&A, having completed $284m in operations since its IPO in 2017. The company boasts 91.1% growth since then, well ahead of the ASX 300 which only grew 27%.
My investment is at 11.26% presently and I'm looking forward to my first dividend of $0.072 AUD paid on 05 April.
Happy Tiger trading π
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- BarcodeΒ·03-15Iβm buying the Dip π2Report