Melvin C.  Payne net worth and biography

Melvin Payne Biography and Net Worth

Melvin C. Payne, co-founder of Carriage, has served as our CEO and a Director since our inception in 1991, and as Chairman of the Board since December 1996. Prior to co-founding Carriage, Mr. Payne held a variety of financial and executive leadership roles, including serving as an Executive Vice President for WEDGE Group where he focused on leveraged buyouts; serving as Chief Financial Officer and then President and Chief Executive Officer for Independent Refining Company; serving as the Head of the Chemical Division for Texas Commerce Bank; and overseeing the analysis and private placement of industrial and commercial loans at Prudential Insurance Company.

Mr. Payne, a Vietnam Veteran, earned his Bachelors in Chemical Engineering from Mississippi State University and his MBA from Tulane University.

What is Melvin C. Payne's net worth?

The estimated net worth of Melvin C. Payne is at least $30.55 million as of February 22nd, 2024. Mr. Payne owns 1,129,809 shares of Carriage Services stock worth more than $30,550,035 as of March 29th. This net worth approximation does not reflect any other assets that Mr. Payne may own. Additionally, Mr. Payne receives an annual salary of $2,000,000.00 as CEO at Carriage Services. Learn More about Melvin C. Payne's net worth.

How old is Melvin C. Payne?

Mr. Payne is currently 81 years old. There are 9 older executives and no younger executives at Carriage Services. Learn More on Melvin C. Payne's age.

What is Melvin C. Payne's salary?

As the CEO of Carriage Services, Inc., Mr. Payne earns $2,000,000.00 per year. Learn More on Melvin C. Payne's salary.

How do I contact Melvin C. Payne?

The corporate mailing address for Mr. Payne and other Carriage Services executives is 3040 POST OAK BOULEVARD SUITE 300, HOUSTON TX, 77056. Carriage Services can also be reached via phone at (713) 332-8400 and via email at [email protected]. Learn More on Melvin C. Payne's contact information.

Has Melvin C. Payne been buying or selling shares of Carriage Services?

During the last quarter, Melvin C. Payne has sold $90,143.92 of Carriage Services stock. Most recently, Melvin C. Payne sold 3,524 shares of the business's stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $25.58, for a transaction totalling $90,143.92. Following the completion of the sale, the director now directly owns 1,129,809 shares of the company's stock, valued at $28,900,514.22. Learn More on Melvin C. Payne's trading history.

Who are Carriage Services' active insiders?

Carriage Services' insider roster includes Carl Brink (CFO), Paul Elliott (VP), Christopher Manceaux (VP), Steven Metzger (EVP), Melvin Payne (CEO), and Carlos Quezada (COO). Learn More on Carriage Services' active insiders.

Are insiders buying or selling shares of Carriage Services?

During the last year, Carriage Services insiders bought shares 1 times. They purchased a total of 6,000 shares worth more than $153,480.00. During the last year, insiders at the sold shares 10 times. They sold a total of 54,581 shares worth more than $1,476,130.07. The most recent insider tranaction occured on March, 20th when VP Paul Donald Elliott sold 6,500 shares worth more than $168,155.00. Insiders at Carriage Services own 12.1% of the company. Learn More about insider trades at Carriage Services.

Information on this page was last updated on 3/20/2024.

Melvin C. Payne Insider Trading History at Carriage Services

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/22/2024Sell3,524$25.58$90,143.921,129,809View SEC Filing Icon  
6/13/2023Sell36,000$27.49$989,640.001,167,853View SEC Filing Icon  
11/30/2021Sell26,500$51.33$1,360,245.00View SEC Filing Icon  
2/14/2021Sell1,804$36.58$65,990.321,240,347View SEC Filing Icon  
12/9/2020Buy29,000$30.02$870,580.001,269,409View SEC Filing Icon  
3/23/2020Sell25,632$14.97$383,711.041,231,167View SEC Filing Icon  
2/14/2020Sell1,097$24.55$26,931.351,256,799View SEC Filing Icon  
11/8/2018Buy68,651$16.57$1,137,547.071,286,467View SEC Filing Icon  
11/6/2018Buy66,000$16.04$1,058,640.001,223,816View SEC Filing Icon  
8/18/2017Sell100,000$23.85$2,385,000.001,131,753View SEC Filing Icon  
6/19/2015Sell50,000$24.42$1,221,000.00View SEC Filing Icon  
3/30/2015Sell50,000$24.70$1,235,000.00View SEC Filing Icon  
5/12/2014Buy10,000$16.05$160,500.00View SEC Filing Icon  
3/14/2014Buy20,000$17.10$342,000.00View SEC Filing Icon  
5/24/2013Buy15,000$16.85$252,750.00View SEC Filing Icon  
See Full Table

Melvin C. Payne Buying and Selling Activity at Carriage Services

This chart shows Melvin C Payne's buying and selling at Carriage Services by year and by quarter.

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Carriage Services Company Overview

Carriage Services logo
Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates in two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation services; funeral home facilities for visitation and memorial services; transportation services; removal and preparation of remains; sale of caskets and urns; cremation services; and related funeral merchandise. The Cemetery Operations segment sells interment rights for grave sites, lawn crypts, mausoleum spaces, and niches; related cemetery merchandise, including memorial markers, outer burial containers, and monuments; and interments, inurnments, and installation of cemetery merchandise services. Carriage Services, Inc. was founded in 1991 and is based in Houston, Texas.
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Today's Range

Now: $27.04
Low: $26.88
High: $27.28

50 Day Range

MA: $25.26
Low: $23.16
High: $27.04

2 Week Range

Now: $27.04
Low: $18.06
High: $35.59

Volume

77,171 shs

Average Volume

94,957 shs

Market Capitalization

$409.39 million

P/E Ratio

12.58

Dividend Yield

1.69%

Beta

0.83