E Daily Stock Pick: Service Corp International

A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the third of four consumer cyclical sector stocks poised to join my Volio folio this week. This could be my thirty-ninth pick for Volio!

That consumer cyclical sector includes twenty-eight industries ranging from Advertising Agencies to Apparel, Autos, Broadcasting, Department Stores, Gambling, Leisure, Lodging, Packaging, Personal Services, Shoes, Restaurants, Rubber, Plastics, Textiles, and all such consumer aimed enterprises.

My subject today is a mid-cap personal services funeral company named, Service Corp International. Its trading ticker symbol is SCI. This is my first-ever report on Service Corp International. Here goes...

Service Corp International is a personal services company that provides funeral and cemetery services and products from its locations throughout the United States and Canada.

The company segments its operations into funeral service and cemetery business functions. At its funeral service locations, Service Corp. provides all professional services, facilities, vehicles, and merchandise related to funerals and cremations.

Cemetery locations provide cemetery property, memorial markers, and graveyard services to customers. Service Corp. derives the majority of its revenue from its funeral locations, while the cemetery division also generates a significant amount of the company's total income.

Geographically, the company gets a major share of revenue from the United States.

As of December 31, 2019, it owned and operated 1,471 funeral service locations; and 482 cemeteries, including 290 funeral service/cemetery combination locations covering 44 states, 8 Canadian provinces, the District of Columbia, and Puerto Rico.

The company was founded in 1962 and is headquartered in Houston, Texas.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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