Carriage Services (CSV) will raise its quarterly dividend to $0.08 per share.

The new dividend will be payable on December 1, 2017 to the holders of its common stock of record as of November 13, 2017.

Melvin C. Payne, Chief Executive Officer, stated, "I am very pleased to announce that our Board of Directors increased the common share quarterly dividend to $0.075 per share, a 50% increase.  We have the financial flexibility to return value to our shareholders with an annual cash dividend that will pay out about $4.8 million, a dividend yield of 1.2%.  It's a testament to our optimism of the future and our belief in the Good To Great Journey that never ends. We believe that a strong and growing dividend policy along with the improved execution of all elements of Carriage's High Performance Culture Framework will continue to provide long-term value creation to our shareholders," concluded Mr. Payne.

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.