NYSE:SCIConsumer Services
Service Corporation International (SCI) Is Up 7.0% After New US$2.5b Credit Deal And Dividend Hike
Service Corporation International recently reached a new 52-week high after securing a US$2.50 billion credit agreement with JPMorgan Chase Bank and other lenders and announcing a 6.3% increase in its quarterly cash dividend, payable on December 31, 2025.
Together, the expanded credit capacity and higher dividend highlight management’s focus on balance sheet flexibility while steadily increasing cash returns to shareholders.
Next, we will examine how the expanded US$2.50 billion credit...