Carriage Services(NYSE:CSV) Declares Dividend of $0.0500.

Carriage Services (NYSE:CSV) had declared a cash dividend of $0.0500 on Aug 1, 2016. The shares will quote ex-dividend on Aug 12, 2016 and the record date has been fixed for Aug 16, 2016. On Aug 1, 2016 share price, the yield comes out to be 0.8227%. The dividend payable date has been fixed on Sep 1, 2016.

Carriage Services (CSV) made into the market gainers list on Mondays trading session with the shares advancing 1.14% or 0.27 points. Due to strong positive momentum, the stock ended at $23.97, which is also near the day’s high of $24.12. The stock began the session at $23.67 and the volume stood at 1,06,135 shares. The 52-week high of the shares is $25.96 and the 52 week low is $19.03. The company has a current market capitalization of $399 M and it has 1,66,42,999 shares in outstanding.

Carriage Services(CSV) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2016 and Q2.Earnings per share were $0.37.

Several Insider Transactions has been reported to the SEC. On Jun 20, 2016, David J Decarlo (President) purchased 10,000 shares at $22.51 per share price.Also, On Jun 1, 2016, Carl Benjamin Brink (Principal Financial Officer) purchased 1,200 shares at $23.54 per share price.On Mar 1, 2016, Barry K Fingerhut (director) sold 2,500 shares at $20.39 per share price, according to the Form-4 filing with the securities and exchange commission.

Carriage Services Inc. (Carriage) is a provider of death care services and merchandise in the United States. The Company operates in two segments: funeral home operations and cemetery operations. Its funeral homes operations segment provides funeral services (traditional burial and cremation) and sells related merchandise such as caskets and urns. Its cemeteries operation segment sells interment rights including grave sites and mausoleum spaces and related merchandise such as markers and outer burial containers. Carriage operates around 164 funeral homes in 27 states and 32 cemeteries in 11 states. It serves suburban and rural markets and provides funeral and cemetery services and products on both at-need (time of death) and preneed (planned prior to death) basis. It also maintains various trusts in connection with funeral home and cemetery operations including preneed funeral trusts preneed cemetery merchandise and service trusts and cemetery perpetual care trusts.

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