#United States #Dividend #Houston #Service Corporation International #Dignity Memorial

Service Corporation International Announces Quarterly Cash Dividend

On August 6, 2025, Service Corporation International (SCI), listed on the NYSE under the ticker SCI, made an important announcement regarding its financial returns to shareholders. As the leading provider of deathcare services and products in North America, the company revealed that its Board of Directors has approved a cash dividend of $0.32 per share of common stock, reaffirming its commitment to delivering shareholder value.

Important Details About the Dividend

The announced cash dividend will be payable on September 30, 2025, to all shareholders who hold shares by the close of business on September 15, 2025. This dividend declaration reflects the company’s ongoing efforts to support its investors, as it intends to maintain regular quarterly cash dividends in the foreseeable future. However, the amount and timing of future dividends will be determined by the Board after reviewing SCI's financial performance each quarter.

Financial Stability and Future Outlook

Service Corporation International has established itself as a trusted name in the deathcare sector, servicing more than 700,000 families annually. With a diversified portfolio of brands, including the prominent Dignity Memorial brand, the company offers a wide range of choices tailored to individual customer needs, from simple cremations to elaborate commemorations.

Despite the pressures stemming from various market factors, the company emphasizes that its capacity to declare dividends will always depend on its financial health and cash flow requirements. They underline that factors such as ongoing revenue growth, market conditions, and operational expenditures play crucial roles in determining dividend viability.

Cautionary Statements

The announcement included a cautionary statement concerning forward-looking statements. SCI explained that any reference to future dividends carries inherent uncertainties, which stem from various factors, including potentially restrictive financial agreements, tax law changes, and shifts in the company’s cash flow needs. Therefore, stakeholders are encouraged to understand that while the company intends to continue paying dividends, the actual declaration of these dividends is uncertain and subject to appropriate quarterly assessments.

Company Overview

Headquartered in Houston, Texas, Service Corporation International is a pivot in the deathcare industry, owning and operating 1,485 funeral service locations and 498 cemeteries across various regions, including 44 states and eight Canadian provinces. The company prides itself on its professional standards, compassionate care, and meticulous attention to detail, which back up its reputation as a leading deathcare provider.

For more information about Service Corporation International, shareholders and interested parties are encouraged to visit their official website at www.sci-corp.com. For in-depth details regarding their Dignity Memorial services, potential customers can check www.dignitymemorial.com.

Through this strategic dividend announcement, Service Corporation International not only secures investor confidence but also firmly positions itself for potential future growth, demonstrating clear dedication to both its stakeholders and the communities it serves.