Service Corporation International is one of the best funeral homes that you can invest in through the stock market.
It has cemetery land, cremation services, embalming services, and other professional funeral services. The company just got a $2.2 billion loan to pay off its existing loans and cover other costs.
Along with this change, interest in this stock has gone up, and companies like Victory Capital Management, Hightower Advisors LLC, and American Century Companies Ltd have all bought more shares of the company.
Not only is it the industry’s biggest company by market cap, but SCI is also a dividend stock that has grown for nine years in a row. The annual dividend payout is $1.08, and the forward dividend yield is 1.48 percent.
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As of January, the stock is worth about $72 and has a market cap of $11.2 billion.