Carriage Services Declares Quarterly Cash Dividend
Rhea-AI Summary
Carriage Services (NYSE: CSV), a leading provider of funeral and cemetery services in the United States, has announced a quarterly dividend declaration. The company's Board of Directors approved a dividend of 11.25¢ per share on October 16, 2024. This dividend will be payable on December 2, 2024 to shareholders of record as of November 4, 2024.
Carriage Services currently operates 162 funeral homes across 26 states and 31 cemeteries in 11 states, solidifying its position as a major player in the funeral and cemetery services industry. The company offers both services and merchandise to its customers throughout the United States.
Positive
- Consistent dividend payment demonstrates financial stability
- Dividend provides income for shareholders
- Extensive operational presence with 162 funeral homes and 31 cemeteries across multiple states
Negative
- None.
News Market Reaction
On the day this news was published, CSV gained 2.83%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced that its Board of Directors on October 16, 2024 declared a quarterly dividend of 11.25¢ per share payable on December 2, 2024 to common share record holders as of November 4, 2024.
Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage Services operates 162 funeral homes in 26 states and 31 cemeteries in 11 states.
For more information, please email InvestorRelations@carriageservices.com.