Service Corporation International Raises Dividend by 6.3%

Got story updates? Submit your updates here. ›

Service Corporation International (NYSE:SCI), a leading provider of funeral, cremation and cemetery services in North America, announced a 6.3% increase in its quarterly dividend to $0.34 per share. The ex-dividend date is March 13, 2026, and the dividend will be paid on March 31, 2026 to shareholders of record as of that date.

Why it matters

The dividend increase reflects Service Corporation International's strong financial performance and commitment to returning capital to shareholders. As a major player in the end-of-life services industry, the company's dividend policy is closely watched by investors.

The details

Service Corporation International has raised its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 15 years. The company's payout ratio is 32.6%, meaning its dividend is sufficiently covered by earnings. Analysts expect Service Corporation International to earn $4.21 per share next year, which would result in a payout ratio of 32.3%.

• The quarterly dividend of $0.34 per share will be paid on March 31, 2026.
• The ex-dividend date is March 13, 2026.
• Shareholders of record as of March 13, 2026 will receive the dividend.

What’s next

Investors will be watching to see if Service Corporation International can maintain its track record of annual dividend increases in the coming years.