Carriage Services, Inc. (NYSE:CSV – Get Free Report) declared a quarterly dividend on Wednesday, April 15th. Stockholders of record on Monday, May 4th will be given a dividend of 0.1125 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Monday, May 4th.
Carriage Services has increased its dividend by an average of 0.1%annually over the last three years. Carriage Services has a payout ratio of 13.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Carriage Services to earn $2.82 per share next year, which means the company should continue to be able to cover its $0.45 annual dividend with an expected future payout ratio of 16.0%.
Carriage Services Stock Up 1.9%
CSV stock opened at $47.65 on Friday. The business’s 50-day moving average price is $44.61 and its 200-day moving average price is $43.77. The stock has a market cap of $750.46 million, a P/E ratio of 14.62, a PEG ratio of 0.91 and a beta of 0.92. The company has a quick ratio of 0.84, a current ratio of 0.98 and a debt-to-equity ratio of 2.09. Carriage Services has a twelve month low of $38.10 and a twelve month high of $49.41.
About Carriage Services
Carriage Services, Inc operates as a leading provider of funeral, cemetery and cremation services in the United States. The company owns and operates a network of funeral homes, cemeteries, crematories and related service facilities, offering a comprehensive suite of end-of-life services. Its portfolio encompasses traditional funeral services, memorials, graveside burials, mausoleum entombment and direct cremation options, alongside personalized tributes and reception arrangements.
In addition to standard funeral and cemetery offerings, Carriage Services provides pre-arrangement planning and financing solutions designed to ease the administrative and financial burden on grieving families.
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