In a separate press release on November 08, 2017, the Company's Board of Directors announced a quarterly cash dividend of $0.15 per share of common stock. The quarterly cash dividend is payable on December 29, 2017, to shareholders of record at the close of business on December 15, 2017.
The Company updated its outlook for FY17, it now expects adjusted EPS to be in the range of $1.48 to $1.54 compared to previously provided guidance range of $1.42 to $1.52. Service Corp.'s management has now projected adjusted operating cash flow for FY17 to be in the range of $485 million to $515 million.
On Thursday, November 16, 2017, the stock closed the trading session at $35.60, climbing 2.27% from its previous closing price of $34.81. A total volume of 878.74 thousand shares have exchanged hands. Service Corp. International's stock price soared 3.94% in the last one month, 11.42% in the past six months, and 37.19% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have surged 25.35%. The stock is trading at a PE ratio of 18.76 and has a dividend yield of 1.69%. The stock currently has a market cap of $6.79 billion.
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