CINCINNATI--(BUSINESS WIRE)--Aug. 8, 2014--
Chemed Corporation (NYSE:CHE) announced today that the Board of
Directors has declared a quarterly cash dividend of 22-cents per share
on the Company’s capital stock, payable on September 3, 2014, to
shareholders of record as of August 18, 2014. This is a 2-cent, or
10.0%, increase over the 20-cent dividend paid in the second quarter of
2014. The previous dividend increase was in August 2013, when the Board
raised the dividend from 18-cents to 20-cents per share. This represents
the 173rd consecutive quarterly dividend paid by Chemed in its 43 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.
Source: Chemed Corporation
Chemed Corporation
David P. Williams, 513-762-6901
