Service Corp International Boosts Quarterly Dividend by 6% to $0.36 Per Share
summarizeSummary
Service Corporation International's Board of Directors has approved a 6% increase in its quarterly cash dividend, raising it from $0.34 to $0.36 per share.
check_boxKey Events
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Quarterly Dividend Increased
The Board of Directors declared a quarterly cash dividend of $0.36 per share, up from the previous $0.34 per share.
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6% Dividend Hike
This represents a 6% increase in the quarterly cash dividend, payable on June 30, 2026, to shareholders of record on June 15, 2026.
auto_awesomeAnalysis
This dividend increase signals the company's confidence in its financial performance and commitment to returning capital to shareholders. The 6% raise reflects a stable outlook and potentially strong cash flow generation, reinforcing investor confidence in the company's long-term value proposition. This official filing confirms the news reported earlier today.
At the time of this filing, SCI was trading at $79.03 on NYSE in the Trade & Services sector, with a market capitalization of approximately $10.8B. The 52-week trading range was $74.14 to $88.67. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.