Carriage Services Declares Quarterly Cash Dividend

Rhea-AI Summary

Carriage Services, Inc. (NYSE: CSV) announced a quarterly dividend of 11.25¢ per share on January 19, 2023, payable on March 1, 2023. Shareholders of record as of February 6, 2023 will receive the dividend. Carriage Services is significant in the U.S. funeral and cemetery services sector, operating 171 funeral homes across 26 states and 32 cemeteries in 11 states. This dividend underlines the company's commitment to returning value to shareholders, signaling financial stability and confidence in future earnings.

Positive

• Quarterly dividend of 11.25¢ per share declared.
• Demonstrates company confidence and commitment to returning value to shareholders.

Negative

• None.

HOUSTON, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced that its Board of Directors on January 19, 2023 declared a quarterly dividend of 11.25¢ per share payable on March 1, 2023 to common share record holders as of February 6, 2023. 

Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 171 funeral homes in 26 states and 32 cemeteries in 11 states.

For more information, please email InvestorRelations@carriageservices.com.

FAQ

What is the dividend amount declared by Carriage Services?

Carriage Services declared a quarterly dividend of 11.25¢ per share.

When is the dividend payable for Carriage Services?

The dividend is payable on March 1, 2023.

Who are the shareholders eligible for the Carriage Services dividend?

Shareholders of record as of February 6, 2023, are eligible.

How many funeral homes does Carriage Services operate?

Carriage Services operates 171 funeral homes across 26 states.

What is the significance of declaring a dividend for Carriage Services?

Declaring a dividend indicates financial stability and a commitment to returning value to shareholders.