Service Corporation International Declares Quarterly Cash Dividend, Payable on December 30, 2022
November 02, 2022 at 11:41 am EDT
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Service Corporation International announced that its Board of Directors has approved an increase in its quarterly cash dividend to twenty-seven cents per share of common stock. This quarterly cash dividend declared represents an 8% increase from the previously declared quarterly dividend of twenty-five cents per share of common stock per quarter. The quarterly cash dividend announced is payable on December 30, 2022 to shareholders of record at the close of business on December 15, 2022.
While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends, and the establishment of record and payment dates, are subject to final determination by the Board of Directors each quarter after its review of the Company's financial performance.
Service Corporation International is a provider of funeral, cemetery and cremation services, as well as final arrangement planning in advance. The Company's diversified portfolio of brands provides families and individuals a range of choices to meet their needs, from simple cremations to full life celebrations and personalized remembrances. Its Dignity Memorial brand is a transcontinental brand of deathcare products and services. It owns and operates 1,483 funeral service locations and 489 cemeteries (of which 305 are combination locations) in 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. Its funeral service and cemetery operations consist of funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other related businesses. Its cemeteries provide cemetery property interment rights, including developed lots, lawn crypts, mausoleum spaces, niches, and other cremation memorialization and interment options.
SERVICE CORPORATION INTERNATIONAL 
