Welcome to our dedicated page for Service Corporation International news (Ticker: $SCI), a resource for investors and traders seeking the latest updates and insights on Service Corporation International stock.
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Service International (NYSE: SCI) declared a quarterly cash dividend of thirty cents per share of common stock, payable on June 28, 2024. The company is the largest deathcare products and services provider in North America. While the intention is to pay regular quarterly dividends, final decisions are subject to the Board of Directors' review of financial performance.
Service International (SCI), the largest deathcare provider in North America, reported strong financial results for the first quarter of 2024. Revenue increased by $16.7 million, while earnings per share was $0.89. The company's net cash provided by operating activities was $220.1 million. Comparable preneed cemetery sales production grew by 7.8%, and comparable core funeral sales average grew by 3.9%. Despite a decline in comparable core funeral services performed, the company's financial results are solid. SCI remains focused on long-term growth and shareholder value.