Service Corporation International Stock In Focus After Slide, Dividend Hike and $600M Buyback
SCI shares dropped 3.9% to $73.96 on June 15 as the company raised its quarterly dividend by 6% to $0.36 a share and expanded its share repurchase authorization to $600 million, while maintaining its 2026 adjusted EPS guidance of $4.05 to $4.35 and adjusted operating cash flow outlook of $1.005 billion to $1.065 billion.