Service Corp (SCI) Declares $0.21 Quarterly Dividend; Raises Buyback Program to $500M

May 12, 2021 12:34 PM EDT

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Service Corp (NYSE: SCI) declared a quarterly dividend of $0.21 per share, or $0.84 annualized.

The dividend will be payable on June 30, 2021, to stockholders of record on June 15, 2021, with an ex-dividend date of June 14, 2021.

The annual yield on the dividend is 1.6 percent.

The Company also announced that its Board of Directors has increased the authorized level of repurchases of its common stock by approximately $414 million. When combined with approximately $86 million of authority remaining under the existing program, this represents a total of $500 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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