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, to be paid on March 17, 2023, to shareholders on record as of February 27, 2023. This dividend matches the amount paid in December 2022 and marks the company's 207^th consecutive quarterly dividend in its 50 years as a public entity. Chemed Corporation operates two subsidiaries: VITAS Healthcare, the largest provider of hospice care, and Roto-Rooter, a leading plumbing services company.

Positive

• 207th consecutive quarterly dividend reflects strong financial performance.
• Commitment to returning value to shareholders.

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 March 17, 2023, to shareholders of record as of February 27, 2023. This is equal to the dividend paid in December 2022. This represents the 207^th 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/20230213005494/en/

David P. Williams

(513) 762-6901

Source: Chemed Corporation

FAQ

What is the dividend amount declared by Chemed Corporation for March 2023?

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

When will Chemed Corporation's dividend be paid?

The dividend will be paid on March 17, 2023.

Who qualifies for the dividend from Chemed Corporation?

Shareholders on record as of February 27, 2023, qualify for the dividend.

How many consecutive dividends has Chemed Corporation paid?

Chemed Corporation has paid 207 consecutive quarterly dividends.

Is the dividend from Chemed Corporation sustainable?

The announcement of the 38-cent dividend indicates a commitment to returning value to shareholders, suggesting sustainability.