Key Developments: Stewart Enterprises Inc (STEI.O)
9.81USD
24 May 2013
$0.71 (+7.80%)
$9.10
$9.01
$9.91
$9.01
3,350,386
469,983
$9.91
$5.87
Latest Key Developments (Source: Significant Developments)
Stewart Enterprises Inc Announces 12.5% Increase In Dividend
Stewart Enterprises Inc announced that its Board of Directors increased the annual cash dividend on its Class A and Class B Common Stock by 12.5% to $0.18 per share, compared to the previous $0.16 per share. In addition, the Board declared a quarterly cash dividend of $0.045 per share payable on April 29, 2013 to holders of record of Class A and Class B Common Stock as of the close of business on April 15, 2013. Full Article
Stewart Enterprises Inc Declares Quarterly Dividend
Stewart Enterprises Inc announced that its Board of Directors has declared its regular quarterly cash dividend of $0.04 per share. The Board has accelerated this payment, typically paid in January, to be payable on December 26, 2012 to holders of record of Class A and Class B Common Stock as of the close of business on December 12, 2012. Full Article
Stewart Enterprises Inc Announces Acquisition Of Garden Oaks Funeral Home In Houston
Stewart Enterprises Inc announced that it has purchased Garden Oaks Funeral Home in Houston. Founded in 1910, Stewart Enterprises, Inc. is the provider of products and services in the death care industry in the United States, currently owning and operating 218 funeral homes and 141 cemeteries. Through its subsidiaries, the Company provides a complete range of funeral and cremation merchandise and services, along with cemetery property, merchandise and services, both at the time of need and on a preneed basis. Terms of acquisition were not disclosed. Full Article
Stewart Enterprises Inc Declares Quarterly Dividend
Stewart Enterprises Inc announced that it has declared its regular quarterly cash dividend of $0.04 per share. The dividend is payable on October 29, 2012 to holders of record of Class A and Class B Common Stock as of the close of business on October 15, 2012. Full Article
Stewart Enterprises, Inc. Declares Quarterly Dividend
Stewart Enterprises, Inc. announced that its Board of Directors has declared its regular quarterly cash dividend of $0.04 per share. The dividend is payable on July 26, 2012 to holders of record of Class A and Class B Common Stock as of the close of business on July 12, 2012. Full Article
Stewart Enterprises, Inc. Declares Dividend And Increases Stock Repurchase Program
Stewart Enterprises, Inc. announced that its Board of Directors has declared its regular quarterly cash dividend of $0.035 per share. The dividend is payable on October 26, 2011 to holders of record of Class A and Class B Common Stock as of the close of business on October 12, 2011. The Company also announced that its Board of Directors has increased the Company's $100 million stock repurchase program by $25 million to $125 million. This increases the Company's current capacity under its stock repurchase program to $51.7 million. The Company has approximately 89.6 million common shares outstanding, of which approximately 86 million are Class A shares and 3.6 million are Class B shares. The repurchases will be limited to the Company's Class A common stock. Full Article
Stewart Enterprises, Inc. Purchases Desert View Funeral Home And Memorial Park In Victorville, Calif.
Stewart Enterprises, Inc. announced that it has purchased Desert View Funeral Home and Memorial Park in Victorville, Calif. Terms were not disclosed. Full Article
Stewart Enterprises, Inc. Increases Dividend And Stock Repurchase Program
Stewart Enterprises, Inc. announced that its Board of Directors increased the annual cash dividend on its Class A and Class B Common Stock by 17% to $0.14 per share, compared to the previous $0.12 per share, which would be paid quarterly at a rate of $0.035 per share. In addition, the Board declared a quarterly cash dividend of $0.035 per share. The dividend is payable on July 28, 2011 to holders of record of Class A and Class B Common Stock as of the close of business on July 14, 2011. Also, the Company announced that its Board of Directors has increased the Company's $75 million stock repurchase program by $25 million to $100 million. This increases the Company's current capacity under its stock repurchase program to $36.9 million. The Company has approximately 91.1 million common shares outstanding, of which approximately 87.5 million are Class A shares and 3.6 million are Class B shares. The repurchases will be limited to the Company's Class A common stock and will be made in the open market or in privately negotiated transactions at such times and in such amounts as management deems appropriate, depending upon market conditions and other factors. Full Article
Macy's should have been told about Penney deal: ex-Martha chair
NEW YORK - Macy's Inc should have had a chance to match rival J.C. Penney's offer to carry Martha Stewart products in its stores, the former chairman of Stewart's company testified on Thursday.
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
