Chemed Corporation Holds Annual Shareholders' Meeting; Board Declares Quarterly Dividend
CINCINNATI, May 17, 2010 (BUSINESS WIRE) --Shareholders of Chemed Corporation (NYSE:CHE) today elected a slate of 10 directors at the company's 2010 annual shareholders' meeting. Each of the directors continues from the prior term.
Shareholders also adopted the company's 2010 Stock Incentive Plan and ratified the continuation of PricewaterhouseCoopers LLP as the company's independent accountants for 2010.
Dividend Declared
Following the shareholders' meeting, Chemed's Board of Directors declared a quarterly cash dividend of 12 cents per share on the company's capital stock, payable on June 16, 2010, to shareholders of record May 27, 2010. This represents the 156th consecutive quarterly dividend paid to shareholders in Chemed's 39 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 and 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.
SOURCE: Chemed Corporation
Chemed Corporation
David P. Williams, 513-762-6901