Service Corporation International SCI today announced that its Board of Directors has approved a quarterly cash dividend of five cents per share of common stock. The quarterly cash dividend declared today represents a 25% increase from previously declared dividends of four cents per share of common stock per quarter.
The quarterly cash dividend announced today is payable on April 29, 2011 to shareholders of record at the close of business on April 15, 2011. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends, and the establishment of record and payment dates, are subject to final determination by the Board of Directors each quarter after its review of the Company's financial performance.
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