Service Corporation International (NYSE: SCI) boosts dividend 6% to $0.36
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Service Corporation International announced that its Board of Directors increased the quarterly cash dividend to $0.36 per share of common stock, up from $0.34 per share, a 6% raise. The dividend is payable on June 30, 2026, to shareholders of record as of June 15, 2026.
The company notes that while it intends to pay regular quarterly dividends, each future dividend, including record and payment dates, will be decided by the Board after reviewing financial performance and subject to factors such as financing arrangements, tax law changes, cash needs, and overall financial condition.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
New quarterly dividend: $0.36 per share
Previous quarterly dividend: $0.34 per share
Dividend increase: 6%
+5 more
8 metrics
New quarterly dividend
$0.36 per share
Quarterly cash dividend declared May 6, 2026
Previous quarterly dividend
$0.34 per share
Prior quarterly cash dividend on common stock
Dividend increase
6%
Increase from $0.34 to $0.36 per share
Dividend payment date
June 30, 2026
Payable date for $0.36 per share dividend
Dividend record date
June 15, 2026
Shareholders of record qualify for dividend
Families served per year
Approximately 700,000
Annual families served across SCI locations
Funeral service locations
1,487 locations
Owned and operated as of March 31, 2026
Cemeteries operated
503 cemeteries
Including 314 combination locations as of March 31, 2026
Key Terms
Regulation FD, forward-looking statements, Private Securities Litigation Reform Act of 1995, Annual Report on Form 10-K, +2 more
6 terms
Regulation FD regulatory
"The attached Exhibit 99.1 is not filed, but is furnished to comply with Regulation FD."
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
forward-looking statements regulatory
"The statements in this press release that are not historical facts are forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"made in reliance on the "safe harbor" protections provided under the Private Securities Litigation Reform Act of 1995."
Annual Report on Form 10-K regulatory
"see our Securities and Exchange Commission filings, including our 2025 Annual Report on Form 10-K."
An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.
Dignity Memorial financial
"Our Dignity Memorial® brand is the name families turn to for professionalism, compassion, and attention to detail"
quarterly cash dividend financial
"approved an increase in its quarterly cash dividend to thirty-six cents per share of common stock."
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | |||||
Form 8-K
| CURRENT REPORT | ||
| Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | ||
| Date of Report (Date of earliest event reported) | |||||
| (Exact name of registrant as specified in its charter) | ||
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| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | |||||
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐ Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Item 7.01 Regulation FD Disclosure
On May 6, 2026, the Board of Directors declared a quarterly cash dividend of thirty-six cents per share of common stock. This represents a 6% increase from the previous quarterly dividend paid of thirty-four cents per share.
The attached Exhibit 99.1 is not filed, but is furnished to comply with Regulation FD. The information in this Current Report on Form 8-K, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits
(d) The following exhibits are included with this report
| Exhibit No. | Description | ||||
99.1 | Press Release, dated May 6, 2026, declaring quarterly dividend | ||||
| 104 | Interactive data file. | ||||
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
May 6, 2026 Service Corporation International
By: /s/ ERIC D. TANZBERGER
Eric D. Tanzberger
Executive Vice President
Chief Financial Officer
EXHIBIT 99.1
 | SERVICE CORPORATION INTERNATIONAL | ||||
INCREASES QUARTERLY CASH DIVIDEND | |||||
HOUSTON, Texas, May 6, 2026 . . . 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-six cents per share of common stock. This quarterly cash dividend declared today represents a 6% increase from the previously declared quarterly dividend of thirty-four cents per share of common stock per quarter. The quarterly cash dividend announced today is payable on June 30, 2026 to shareholders of record at the close of business on June 15, 2026. 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 2025 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 approximately 700,000 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 March 31, 2026, we owned and operated 1,487 funeral service locations and 503 cemeteries (of which 314 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 - Treasury and Investor Relations | (713) 525-3454 | |||||||||
| Andrea Low - Director - Federal Tax and Investor Relations | (713) 525-2811 | ||||||||||
| Media: | Jay Andrew - Assistant Vice President - Corporate Communications | (713) 525-3468 | |||||||||