seekingalpha.com
Carriage: Dividend Trends By The Numbers
Carriage Services (CSV) is rated 'Hold' due to risks from declining free cash flow, elevated debt, and rising goodwill despite reaffirmed 2025 guidance. CSV expects 2025 revenues of $413–$417M, adjusted EBITDA of $130–$132M, and EPS of $3.25–$3.30, but current valuation appears stretched. Dividend coverage remains robust with a low payout ratio, but dividend growth has stalled amid a 43% five-year decline in free cash flow over past 5 years.
