Service Corp (SCI) Boost Buyback, Declares Dividend
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Service Corporation International (NYSE: SCI) announced that its Board of Directors has increased the authorized level for repurchases of its common stock by approximately $120 million, bringing the its total program to $150 million.
The Company also announced that its Board of Directors has approved a quarterly cash dividend of four cents per share of common stock. The quarterly cash dividend announced today is payable on January 30, 2009 to shareholders of record at the close of business on January 16, 2009. The ex-dividend date is January 14.
The dividend yield on Service Corp is 2.7%.
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DividendsStock Buybacks
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