Chemed Corporation Declares Quarterly Dividend of 36 Cents

Rhea-AI Summary

Chemed Corporation (NYSE:CHE) has declared a quarterly cash dividend of 36 cents per share, marking a 5.9% increase from the previous 34-cent dividend. This dividend is payable on September 2, 2021, to shareholders on record as of August 16, 2021. This announcement highlights the company’s commitment to returning value to its shareholders, as it represents the 201st consecutive quarterly dividend in Chemed's 50-year history as a public company.

Positive

• Quarterly cash dividend increased by 5.9% to 36 cents per share.
• 201st consecutive quarterly dividend paid, demonstrating dividend reliability.

Negative

• None.

Chemed Corporation (NYSE:CHE) announced today that the Board of Directors has declared a quarterly cash dividend of 36-cents per share on the Company’s capital stock, payable on September 2, 2021, to shareholders of record as of August 16, 2021. This is a 2-cent, or 5.9%, increase over the 34-cent dividend paid in June 2021. The previous dividend increase was in August 2020, when the Board raised the quarterly dividend from 32-cents to 34-cents per share. This represents the 201^st consecutive quarterly dividend paid by Chemed in its 50 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/20210806005426/en/

FAQ

What is the dividend amount declared by Chemed Corporation?

Chemed Corporation declared a quarterly cash dividend of 36 cents per share.

When will the dividend payment be made?

The dividend will be payable on September 2, 2021.

What is the record date for the dividend?

The record date for the dividend is August 16, 2021.

How much has the dividend increased compared to the last payout?

The dividend increased by 2 cents, or 5.9%, from the previous dividend of 34 cents.

How many consecutive dividends has Chemed paid?

Chemed has paid 201 consecutive quarterly dividends.