Shares to Die For
For Hillenbrand (HI), death-related items such as caskets, cremation urns and memorialization products are the company's lifeblood -- regardless of economic conditions. These products represent a somewhat stable source of about 63% of the funeral services provider's sales. Its K-Tron division provides the remaining revenue from materials handling and feeding systems to makers of chemicals, food, pet food, textiles, pharmaceuticals and plastic.
Hillenbrand split off from Hill-Rom Holdings (HRC) in March 2008. Since then, earnings per share from continuing operations have shown little variability. The lowest came in 2010 at $1.48, with the highest earnings posted last year at $1.71 per share....211 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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