Shares in focus: Betting on certainty

Future demand is guaranteed for funeral provider Dignity, says Phil Oakley. So should you buy in?

Future demand is guaranteed for funeral provider Dignity, says Phil Oakley.

Dignity(LSE: DTY)is the largest independent provider of funeral services in the UK and the largest owner of crematoria. It has around a 12% share of the funeral market. The company was created in 1994 and bought by current chairman Peter Hindley and chief executive Mike McCollum in 2002 with the help of a private-equity partner.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.