dividend
confidence high
sentiment positive
materiality 0.60
SCI increases dividend 8% to $0.27 and adds $350M to buyback authorization
SERVICE CORP INTERNATIONAL
- Quarterly dividend raised 8% to $0.27/share; payable Dec 31, 2022 to holders of record Dec 15, 2022.
- Board authorized additional $350M for share repurchases, combined with $250M remaining for $600M total authority.
- Employment agreements extended for four named executive officers to Dec 31, 2023 and one to Mar 31, 2023.