Key Developments For Stewart Enterprises, Inc.
Stewart Enterprises, Inc. (STEI.O) (Nasdaq)
Stewart Enterprises, Inc. Increases Dividend
Stewart Enterprises, Inc. reported that its Board of Directors increased its annual cash dividend by 20% to $0.12 per share compared to the previous $0.10 per share. In addition, the Board declared a quarterly cash dividend of $0.03 per share. The dividend is payable on October 29, 2009 to holders of record of Class A and Class B common stock as of the close of business on October 14, 2009.
Stewart Enterprises, Inc. Declares Quarterly Dividend
Stewart Enterprises, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.025 per share. The dividend is payable on July 29, 2009, to holders of record of Class A and Class B Common Stock as of the close of business on July 15, 2009.
Stewart Enterprises, Inc. Refinances Senior Secured Credit Facility
Stewart Enterprises, Inc. announced that it has refinanced its existing credit facility with a new $95.0 million senior secured three-year revolving credit facility. Prior to the transaction, the Company's credit facility was undrawn and scheduled to mature in November 2009. The credit facility also includes an increase option whereby the Company can request an increase in commitments of up to $30.0 million.
Stewart Enterprises, Inc. Declares Quarterly Dividend
Stewart Enterprises, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.025 per share. The dividend is payable on April 29, 2009 to holders of record of Class A and Class B common stock as of the close of business on April 15, 2009.
Stewart Enterprises, Inc. Declares Quarterly Dividend
Stewart Enterprises, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.025 per share. The dividend is payable on January 28, 2009, to holders of record of Class A and Class B common stock as of the close of business on January 14, 2009.
