Chemed Corporation Declares Quarterly Dividend of 34 Cents

Rhea-AI Summary

Chemed Corporation (NYSE:CHE) has declared a quarterly cash dividend of 34 cents per share, payable on March 19, 2021, to shareholders of record as of March 1, 2021. This marks the 199th consecutive quarterly dividend during its 49 years as a public entity. The dividend amount remains consistent with the previous payment made in December 2020. Chemed operates two subsidiaries, VITAS Healthcare and Roto-Rooter, providing hospice care and plumbing services respectively.

Positive

• Quarterly cash dividend declared at 34 cents per share, consistent with previous payments.
• 199 consecutive quarterly dividends highlight company’s strong dividend history.

Negative

• None.

Chemed Corporation (NYSE:CHE) announced today that the Board of Directors has declared a quarterly cash dividend of 34-cents per share on the Company’s capital stock, payable on March 19, 2021, to shareholders of record as of March 1, 2021. This is equal to the dividend paid in December 2020. This represents the 199th consecutive quarterly dividend paid by Chemed in its 49 years as a public company.

Listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio, Chemed Corporation (www.chemed.com) operates two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter. VITAS is the nation's largest provider of end-of-life hospice care and Roto-Rooter is the nation’s leading provider of plumbing and drain cleaning services.

Statements in this press release or in other Chemed communications may relate to future events or Chemed's future performance. Such statements are forward-looking statements and are based on present information Chemed has related to its existing business circumstances. Investors are cautioned that such forward-looking statements are subject to inherent risk that actual results may differ materially from such forward-looking statements. Further, investors are cautioned that Chemed does not assume any obligation to update forward-looking statements based on unanticipated events or changed expectations.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210219005423/en/

FAQ

What is the dividend amount declared by Chemed Corporation?

Chemed Corporation has declared a quarterly dividend of 34 cents per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 19, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is March 1, 2021.

How many consecutive quarterly dividends has Chemed paid?

Chemed has paid 199 consecutive quarterly dividends.