Service Corp. International raises quarterly dividend 5.9%

10 articles · Updated · MarketWatch · May 6

The Houston deathcare provider increased the payout to 36 cents a share from 34 cents, lifting the annual rate to $1.44.
Based on Wednesday's trading price of $79.90, the new dividend implies a yield of about 1.8%, up from 1.7%.
The increased dividend will be paid on 30 June to shareholders of record on 15 June, the company said.

With cremation nearing 80% and new rules forcing price transparency, can SCI's traditional, high-cost business model survive?

As SCI hikes dividends, does its history of multi-million dollar settlements for misconduct signal future risk for investors and consumers?