SERVICE CORPORATION INTERNATIONAL INCREASES QUARTERLY CASH DIVIDEND

Rhea-AI Summary

Service Corporation International (NYSE: SCI) announced its Board approved a quarterly cash dividend increase to $0.34 per share, a 6.3% rise from the prior $0.32 per share.

The dividend is payable on December 31, 2025 to shareholders of record at the close of business on December 15, 2025. The company said future dividends and record/payment dates remain subject to Board approval each quarter after reviewing financial performance and are not guaranteed.

Positive

• Dividend increased to $0.34 per share (6.3% rise)
• Payment date set for December 31, 2025
• Record date set for December 15, 2025

Negative

• Future dividends are not guaranteed and subject to Board approval
• Dividend payments may be restricted by credit agreements or financing

HOUSTON, Nov. 5, 2025 /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 an increase in its quarterly cash dividend to thirty four cents per share of common stock.  This quarterly cash dividend declared today represents a 6.3% increase from the previously declared quarterly dividend of thirty two cents per share of common stock per quarter.  The quarterly cash dividend announced today is payable on December 31, 2025 to shareholders of record at the close of business on December 15, 2025.  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 2024 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, 2025, we owned and operated 1,487 funeral service locations and 499 cemeteries (of which 312 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: InvestorRelations@sci-us.com
Investors:		Trey Bocage – Assistant Vice President / Investor Relations	(713) 525-3454
		Andrea Low – Director / Investor Relations	(713) 525-2811
Media:		Jay Andrew – Assistant Vice President / Corporate Communications	(713) 525-3468

 

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SOURCE Service Corporation International

FAQ

What dividend did Service Corporation International (SCI) declare on November 5, 2025?

SCI declared a quarterly cash dividend of $0.34 per share, announced November 5, 2025.

When is the SCI dividend payable and what is the record date for the December 2025 payment?

The dividend is payable on December 31, 2025 to shareholders of record at the close of business on December 15, 2025.

How much did SCI increase its quarterly dividend by on November 5, 2025?

The increase was 6.3%, from $0.32 to $0.34 per share.

Does the November 5, 2025 dividend announcement guarantee future SCI dividends?

No; the company stated future dividends are subject to quarterly Board determination and are not guaranteed.

Could SCI be prevented from paying future dividends under the November 5, 2025 statement?

Yes; the company cited possible restrictions under existing or future credit agreements or financing arrangements.

Where can investors find more information on SCI risks related to dividends?

Investors are directed to SCI's SEC filings, including the 2024 Form 10-K, for risk factors affecting dividends.