Carriage Services, Inc. (NYSE:CSV) to Issue Quarterly Dividend of $0.11

Carriage Services, Inc. (NYSE:CSV) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Monday, August 3rd will be paid a dividend of 0.1125 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 3rd.

Carriage Services has increased its dividend by an average of 0.1%annually over the last three years. Carriage Services has a dividend payout ratio of 13.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Carriage Services to earn $3.78 per share next year, which means the company should continue to be able to cover its $0.45 annual dividend with an expected future payout ratio of 11.9%.

Carriage Services Price Performance

Shares of NYSE CSV opened at $38.87 on Friday. Carriage Services has a fifty-two week low of $37.11 and a fifty-two week high of $52.10. The company has a 50 day simple moving average of $40.22 and a two-hundred day simple moving average of $43.12. The company has a market capitalization of $616.87 million, a price-to-earnings ratio of 14.08, a P/E/G ratio of 0.73 and a beta of 0.84. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.99 and a current ratio of 1.15.

Carriage Services (NYSE:CSV) last released its earnings results on Wednesday, May 6th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.01. Carriage Services had a net margin of 10.58% and a return on equity of 19.78%. The firm had revenue of $106.12 million during the quarter, compared to analyst estimates of $111.39 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. Analysts expect that Carriage Services will post 3.45 EPS for the current fiscal year.

Carriage Services Company Profile

Carriage Services, Inc operates as a leading provider of funeral, cemetery and cremation services in the United States. The company owns and operates a network of funeral homes, cemeteries, crematories and related service facilities, offering a comprehensive suite of end-of-life services. Its portfolio encompasses traditional funeral services, memorials, graveside burials, mausoleum entombment and direct cremation options, alongside personalized tributes and reception arrangements.

In addition to standard funeral and cemetery offerings, Carriage Services provides pre-arrangement planning and financing solutions designed to ease the administrative and financial burden on grieving families.