Service Corp (SCI) Declares $0.13 Quarterly Dividend; Boosts Stock Buyback to $400M

November 8, 2016 10:31 AM EST

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Service Corp (NYSE: SCI) declared a quarterly dividend of $0.13 per share, or $0.52 annualized.

The dividend will be payable on December 30, 2016, to stockholders of record on December 15, 2016, with an ex-dividend date of December 13, 2016.

The annual yield on the dividend is 2.1 percent.

Service Corporation also announced that its Board of Directors has increased the authorized level of repurchases of its common stock by approximately $313 million. When combined with approximately $87 million of authority remaining under the existing program, this represents a total of $400 million of current share repurchase authority effective today.

For a dividend history and other dividend-related data on Service Corp (SCI) click here.

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