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Service Corporation International Declares Quarterly Cash Dividend
HOUSTON, Feb. 13 /PRNewswire/ -- The board of directors of Service Corporation International (NYSE: SRV) (SCI) is again pleased to announce an increase in the Company's quarterly cash dividend, raising it 25 percent to 7.5 cents per share of common stock.
R. L. Waltrip, chairman of the board and chief executive officer, said that the cash dividend is payable April 30, 1997, to shareholders of record at the close of business on April 15, 1997.
Service Corporation International is the largest funeral and cemetery
organization in the world, with 2,882 funeral service locations, 345
cemeteries and 150 crematoria as of December 31, 1996. SCI provides funeral
and cemetery services in North America, Europe and the Pacific Rim. SCI's
stock is traded on the New York Stock Exchange. The company's ticker symbol