Core Points - Service Corporation International (SCI) has announced a 6.7% increase in its quarterly cash dividend, raising it from thirty cents to thirty-two cents per share of common stock [1] - The new dividend is payable on March 31, 2025, to shareholders of record as of March 14, 2025 [1] - The company intends to continue paying regular quarterly cash dividends, subject to the Board of Directors' review of financial performance [1] Company Overview - Service Corporation International is the largest provider of deathcare products and services in North America, serving approximately 700,000 families annually [3] - The company operates a diversified portfolio of brands, offering a range of services from simple cremations to full life celebrations [3] - As of December 31, 2024, SCI owned and operated 1,493 funeral service locations and 496 cemeteries across 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico [3]
SERVICE CORPORATION INTERNATIONAL INCREASES QUARTERLY CASH DIVIDEND