CINCINNATI--(BUSINESS WIRE)--Aug. 4, 2017--
Chemed Corporation (NYSE:CHE) announced today that the Board of
Directors has declared a quarterly cash dividend of 28-cents per share
on the Company’s capital stock, payable on September 1, 2017, to
shareholders of record as of August 14, 2017. This is a 2-cent, or 7.7%,
increase over the 26-cent dividend paid in June 2017. The previous
dividend increase was in August 2016, when the Board raised the dividend
from 24-cents to 26-cents per share. This represents the 185th
consecutive quarterly dividend paid by Chemed in its 46 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: http://www.businesswire.com/news/home/20170804005552/en/
Source: Chemed Corporation
Chemed Corporation
David P. Williams, 513-762-6901
