HOUSTON, Nov. 6, 2024
/PRNewswire/ -- Service Corporation International (NYSE: SCI), the
largest provider of deathcare products and services in North America, today announced that its Board
of Directors has approved a quarterly cash dividend of thirty cents per share of common stock. The
quarterly cash dividend announced today is payable on December 31, 2024 to shareholders of record at
the close of business on December 13,
2024. While the Company intends to pay regular quarterly cash
dividends for the foreseeable future, all subsequent dividends, and
the establishment of record and payment dates, are subject to final
determination by the Board of Directors each quarter after its
review of the Company's financial performance.
Cautionary Statement on Forward-Looking Statements
The
statements in this press release that are not historical facts are
forward-looking statements. These forward-looking statements
have been made in reliance on the "safe harbor" protections
provided under the Private Securities Litigation Reform Act of
1995. These statements may be accompanied by words such as
"believe," "estimate," "project," "expect," "anticipate," or
"predict," that convey the uncertainty of future events or
outcomes. These statements are based on assumptions that we
believe are reasonable; however, many important factors could cause
our actual results in the future to differ materially from the
forward-looking statements made herein and in any other documents
or oral presentations made by, or on behalf of us. There can
be no assurance that future dividends will be declared. The
actual declaration of future dividends, and the establishment of
record and payment dates, is subject to final determination by our
Board of Directors each quarter after its review of our financial
performance. Important factors which could cause actual
results to differ materially from those in forward-looking
statements include, among others, restrictions on the payment of
dividends under existing or future credit agreements or other
financing arrangements; changes in tax laws relating to corporate
dividends; a determination by the Board of Directors that the
declaration of a dividend is not in the best interests of the
Company and its shareholders; an increase in our cash needs or a
decrease in available cash; or a deterioration in our financial
condition or results. For further information on these and
other risks and uncertainties, see our Securities and Exchange
Commission filings, including our 2023 Annual Report on Form
10-K. Copies of this document as well as other SEC filings
can be obtained from our website at http://www.sci-corp.com.
We assume no obligation to publicly update or revise any
forward-looking statements made herein or any other forward-looking
statements made by us, whether as a result of new information,
future events or otherwise.
About Service Corporation International
Service Corporation International (NYSE: SCI),
headquartered in Houston, Texas,
is North America's leading
provider of funeral, cemetery and cremation services, as well as
final-arrangement planning in advance, serving more than 600,000
families each year. Our diversified portfolio of brands provides
families and individuals a full range of choices to meet their
needs, from simple cremations to full life celebrations and
personalized remembrances. Our Dignity Memorial® brand is the name
families turn to for professionalism, compassion, and attention to
detail that is second to none. At September
30, 2024, we owned and operated 1,495 funeral service
locations and 494 cemeteries (of which 307 are combination
locations) in 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico.
For more information about Service Corporation International,
please visit our website at www.sci-corp.com. For more
information about Dignity Memorial®, please visit
www.dignitymemorial.com.
For additional information contact:
Investors:
|
Allie O'Connor –
Assistant Vice President / Investor Relations
|
(713)
525-9156
|
|
Trey Bocage – Director
/ Investor Relations
|
(713)
525-3454
|
Media:
|
Jay Andrew – Managing
Director / Corporate Communications
|
(713)
525-3468
|
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SOURCE Service Corporation International