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8-K - FORM 8-K - STEWART ENTERPRISES INCd370841d8k.htm

Exhibit 99.1

 

CONTACT:    Lewis J. Derbes, Jr.    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)—June 20, 2012—Stewart Enterprises, Inc. (Nasdaq GS: STEI) reported today 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.

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 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.