Exhibit 99.1
CONTACT: | Thomas M. Kitchen | FOR IMMEDIATE RELEASE | ||
Stewart Enterprises, Inc. | ||||
1333 S. Clearview Parkway | ||||
Jefferson, LA 70121 | ||||
504-729-1400 |
STEWART ENTERPRISES, INC. DECLARES QUARTERLY DIVIDEND
JEFFERSON, La.—(BUSINESS WIRE)—September 29, 2010—Stewart Enterprises, Inc. (Nasdaq GS: STEI) reported today that its Board of Directors has declared a quarterly cash dividend of $0.030 per share. The dividend is payable on October 28, 2010 to holders of record of Class A and Class B Common Stock as of the close of business on October 14, 2010.
Founded in 1910, Stewart Enterprises, Inc. is the second largest provider of products and services in the death care industry in the United States, currently owning and operating 218 funeral homes and 140 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.