Chemed Corporation Declares Quarterly Dividend of 38 Cents

Rhea-AI Summary

Chemed Corporation (NYSE:CHE) has declared a quarterly cash dividend of 38-cents per share, payable on December 5, 2022, to shareholders of record as of November 14, 2022. This dividend is consistent with that paid in September 2022 and marks the 206^th consecutive quarterly dividend in the company's history as a public entity spanning 51 years. Chemed operates two key subsidiaries: VITAS Healthcare and Roto-Rooter.

Positive

• Consistent quarterly dividend of 38-cents per share boosts income for shareholders.
• Long history of consecutive dividends reflects financial stability.

Negative

• None.

CINCINNATI--(BUSINESS WIRE)-- Chemed Corporation (NYSE:CHE) announced today that the Board of Directors has declared a quarterly cash dividend of 38-cents per share on the Company’s capital stock, payable on December 5, 2022, to shareholders of record as of November 14, 2022. This is equal to the dividend paid in September 2022. This represents the 206^th consecutive quarterly dividend paid by Chemed in its 51 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/20221101006032/en/

David P. Williams

(513) 762-6901

Source: Chemed Corporation

FAQ

What is the dividend amount declared by Chemed Corporation?

Chemed Corporation has declared a quarterly cash dividend of 38-cents per share.

When is the dividend payable for Chemed Corporation?

The dividend is payable on December 5, 2022.

What is the record date for Chemed Corporation's dividend?

The record date for the dividend is November 14, 2022.

How many consecutive dividends has Chemed Corporation paid?

Chemed Corporation has paid 206 consecutive quarterly dividends.

Is Chemed Corporation's dividend amount sustainable?

The sustainability of Chemed's dividend can be assessed through its consistent payment history.