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Carriage Services Increased Its Quarterly Cash Dividend

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On October 27, 2020, Carriage Services (NYSE: CSV) announced an increase in its quarterly dividend to 10¢ per share, payable on December 1, 2020, to shareholders recorded as of November 9, 2020. This decision comes after the Board of Directors withdrew its previous dividend declaration from October 21, 2020. Carriage Services is a prominent provider of funeral and cemetery services, operating 180 funeral homes across 27 states and 32 cemeteries in 12 states.

Positive
  • Increased quarterly dividend to 10¢ per share.
  • Dividends scheduled for December 1, 2020, reflecting confidence in cash flow.
Negative
  • Previous dividend declaration was canceled.

HOUSTON, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced that its Board of Directors on October 27, 2020 increased its quarterly dividend to 10¢ per share and subsequently declared a quarterly dividend payable on December 1, 2020 to common share record holders as of November 9, 2020.

In connection with the increased dividend, the Board of Directors withdrew and cancelled its previous dividend declaration on October 21, 2020.

Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 180 funeral homes in 27 states and 32 cemeteries in 12 states.

For more information, please contact Viki Blinderman at 713-332-8568 or Ben Brink at 713-332-8441 or email InvestorRelations@carriageservices.com.

Source: Carriage Services, Inc.

        

FAQ

What is the new dividend amount for Carriage Services (CSV)?

The new dividend amount for Carriage Services (CSV) is 10¢ per share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 1, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is November 9, 2020.

Why was the previous dividend declaration canceled?

The Board of Directors withdrew the previous dividend declaration to implement the increased dividend.

How many funeral homes does Carriage Services operate?

Carriage Services operates 180 funeral homes across 27 states.

Carriage Services, Inc.

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