Service Corporation International (SCI) To Go Ex-Dividend on June 15th

Service Corporation International (NYSE:SCI) announced a quarterly dividend on Wednesday, May 6th. Investors of record on Monday, June 15th will be given a dividend of 0.36 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, June 15th. This is a 5.9% increase from Service Corporation International’s previous quarterly dividend of $0.34.

Service Corporation International has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 15 years. Service Corporation International has a dividend payout ratio of 34.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Service Corporation International to earn $4.56 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 31.6%.

Service Corporation International Stock Performance

SCI stock opened at $76.91 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.52 and a debt-to-equity ratio of 3.22. The firm has a market cap of $10.61 billion, a P/E ratio of 20.29, a P/E/G ratio of 1.65 and a beta of 0.84. Service Corporation International has a 12-month low of $68.41 and a 12-month high of $88.67. The stock’s 50 day simple moving average is $79.08 and its 200 day simple moving average is $79.63.

Service Corporation International (NYSE:SCI) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.03). The firm had revenue of $544.80 million for the quarter, compared to analyst estimates of $1.09 billion. Service Corporation International had a net margin of 12.36% and a return on equity of 34.30%. The business’s revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.96 earnings per share. Service Corporation International has set its FY 2026 guidance at 4.050-4.350 EPS. As a group, equities research analysts predict that Service Corporation International will post 4.14 EPS for the current year.

About Service Corporation International

Service Corporation International (NYSE: SCI) is a leading provider of funeral, cremation and cemetery services in North America. Through its network of funeral homes, cemeteries, memorial parks and crematoria, the company offers a broad array of end-of-life services, including traditional funeral ceremonies, memorialization, burial and cremation. In addition to core services, SCI provides grief counseling, pre-need planning and merchandise such as caskets, vaults, urns and memorialization products.

Headquartered in Houston, Texas, Service Corporation International operates more than 1,900 funeral homes, over 450 cemeteries and 40 combination facilities across the United States and Canada.