Service Corp International declares $0.36 dividend
Five executive agreements were being extended to December 31, 2027, and director Victor L. Lund will retire when his term expires at the 2027 annual meeting.
Sentiment and the balance of points
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Form Type
8-K
Rhea-AI Filing Summary
Service Corporation International (SCI) declared a quarterly cash dividend of 36 cents per share of common stock, payable December 31, 2026, to shareholders of record at the close of business December 15, 2026.
SCI's subsidiary OFTC, Inc. notified Thomas L. Ryan, Eric D. Tanzberger, Sumner J. Waring, III, Elisabeth G. Nash, and John H. Faulk that their employment agreements were being extended to December 31, 2027. Director Victor L. Lund notified the company that he will retire from the Board when his term expires at the 2027 Annual Shareholder Meeting, after 27 years of service. Later quarterly dividends and their record and payment dates remain subject to final Board determination each quarter after review of the company's financial performance.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
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, or exhibit attachments filed with this report.
Key Figures
Quarterly cash dividend: 36 cents per share
Dividend record date: December 15, 2026
Dividend payment date: December 31, 2026
+2 more
5 metrics
Quarterly cash dividend
36 cents per share
Common stock
Dividend record date
December 15, 2026
Shareholders of record at close of business
Dividend payment date
December 31, 2026
Quarterly cash dividend
Employment agreement extension date
December 31, 2027
Agreements for five named executive officers were being extended to this date
Board service
27 years
Victor L. Lund's service before retirement when his term expires
Key Terms
shareholders of record, Regulation FD, safe harbor
3 terms
Regulation FD regulatory
"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.
safe harbor regulatory
"safe harbor protections provided under the Private Securities Litigation Reform Act of 1995"
Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is SCI's quarterly dividend and when will it be paid?
SCI declared a quarterly cash dividend of 36 cents per share, payable December 31, 2026, to shareholders of record at the close of business December 15, 2026.
Will SCI continue paying quarterly dividends?
SCI said it intends to pay regular quarterly cash dividends for the foreseeable future. Each subsequent dividend, including its record and payment dates, is subject to the Board's final determination each quarter after reviewing the company's financial performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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) | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
Registrant's telephone number, including area code | ||||||||
| (Former name or former address, if changed since last report.) | ||||||||
| 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointments of Certain Officers; Compensatory Arrangements of Certain Officers
On November 3, 2026, OFTC, Inc. a subsidiary of SCI, notified Thomas L. Ryan, Eric D. Tanzberger, Sumner J. Waring, III, Elisabeth G. Nash, and John H. Faulk that their employment agreements were being extended to December 31, 2027. The named executive officers and the material terms of their employment agreements are summarized in SCI’s Proxy Statement filed March 26, 2026, under “Executive Compensation Tables” and “Further Executive Compensation Practices and Policies”, which are incorporated by reference herein.
On November 3, 2026, Victor L. Lund, a director of the Company, notified the Company of his decision to retire from the Board of Directors, after 27 years of service, when his term expires at the 2027 Annual Shareholder Meeting of the Company.
Item 7.01 Regulation FD Disclosure
On November 4, 2026, the Board of Directors declared a quarterly cash dividend of thirty-six cents per share of common stock.
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 November 4, 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.
November 4, 2026 Service Corporation International
By: /s/ ERIC D. TANZBERGER
Eric D. Tanzberger
Executive Vice President
Chief Financial Officer
EXHIBIT 99.1
 | SERVICE CORPORATION INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND | ||||
HOUSTON, Texas, November 4, 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 a quarterly cash dividend of thirty-six cents per share of common stock. The quarterly cash dividend announced today is payable on December 31, 2026 to shareholders of record at the close of business on December 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 September 30, 2026, we owned and operated 1,491 funeral service locations and 506 cemeteries (of which 317 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 | |||||||||