Dec 20 (Reuters) - Propel Funeral Partners Ltd PFP.AX :
* EXPECTS ITS 1H FY19 OPERATING NPAT TO BE IN LINE WITH PRIOR CORRESPONDING PERIOD OF $6.27 MILLION
* INTENDS TO DECLARE A FULLY FRANKED INTERIM DIVIDEND AT TIME IT RELEASES ITS 1H FY19 FINANCIAL RESULTS
* IS ON TRACK TO GENERATE LIKE FOR LIKE AVERAGE REVENUE PER FUNERAL GROWTH WITHIN ITS TARGET RANGE OF 2% TO 4%
* BOARD INTENDS TO PAY DIVIDENDS ON SEMI- ANNUAL BASIS, WITH TARGET PAYOUT RATIO OF 75% TO 85% OF DISTRIBUTABLE EARNINGS