Service Corporation International Declares Quarterly Cash Dividend
Key Highlights
- Quarterly Cash Dividend Announced: Service Corporation International (SCI), North America’s largest provider of deathcare products and services, has declared a quarterly cash dividend of \$0.34 per share of common stock.
- Dividend Payment Details: The dividend is payable on March 31, 2026, to shareholders of record as of the close of business on March 13, 2026.
- Ongoing Commitment: While SCI intends to continue regular quarterly dividends, each future dividend is subject to approval by the Board of Directors following a review of the company’s financial performance.
What Shareholders Need to Know
- Potential Impact on Share Price: The declaration of a dividend can be seen as a signal of financial strength and may positively influence the share price. However, the company has emphasized that future dividends are not guaranteed and are subject to ongoing review.
- Forward-Looking Statements: The company has issued caution regarding forward-looking statements, referencing uncertainty around future events. SCI notes that several factors could impact its ability to declare or pay dividends in the future, such as:
- Restrictions under existing or future credit agreements or other financing arrangements
- Changes in tax laws related to corporate dividends
- Board decisions based on the company’s best interests at any given time
- Increased cash needs or decreased available cash
- Deterioration in financial condition or results
- Regulatory Disclosures: SCI urges investors to review their filings with the Securities and Exchange Commission, including the 2025 Annual Report on Form 10-K, for further information on risks and uncertainties.
- No Obligation to Update Forward-Looking Statements: The company assumes no obligation to publicly update or revise any forward-looking statements, whether due to new information, future events, or otherwise.
Company Overview
Service Corporation International, headquartered in Houston, Texas, is North America’s leading provider of funeral, cemetery, and cremation services, as well as advance final-arrangement planning. SCI serves approximately 700,000 families annually and operates an extensive network comprising 1,485 funeral service locations and 500 cemeteries (including 312 combination locations) across 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico.
The company’s flagship Dignity Memorial® brand is known for its professionalism, compassion, and attention to detail, offering a range of services from simple cremations to personalized life celebrations.
Investor and Media Contacts
- Investor Relations: [email protected]
- Trey Bocage – Assistant Vice President, Treasury and Investor Relations: (713) 525-3454
- Andrea Low – Director, Federal Tax and Investor Relations: (713) 525-2811
- Media Contact: Jay Andrew – Assistant Vice President, Corporate Communications: (713) 525-3468
Key Takeaway for Investors
This quarterly dividend declaration underscores SCI’s ongoing commitment to returning value to shareholders and highlights the company’s financial stability. However, investors should be aware of the various factors that could affect future dividend payments, including financial performance, credit agreements, and changes in tax laws. The forward-looking nature of dividend payments means that while the intent is to maintain regular dividends, there are no guarantees, and future decisions will depend on the company’s ongoing financial review and market conditions.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Forward-looking statements are subject to risks and uncertainties, and actual results may differ materially from those anticipated. Investors should refer to official company filings and consult with their financial advisors before making investment decisions.
View SERVICE CORP INTERNATIONAL Historical chart here
