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Carriage Services (CSV) will raise its quarterly dividend to $0.05 per share.

The company initiated its quarterly dividend in 2011 and this is the first dividend increase.

Carriage Services, Inc. is a provider of death care services and merchandise in the United States. The company operates funeral homes and cemeteries. The Funeral Homes segment provides funeral services and sells related merchandise, such as caskets and urns. Its cemetery products and services include interment services and related cemetery merchandise, such as memorials and vaults.