Chemed Corporation Increases Quarterly Dividend
August 06 2010 - 1:02PM
Business Wire
Chemed Corporation (NYSE:CHE) announced today that the Board of
Directors has declared a quarterly cash dividend of 14-cents per
share on the Company’s capital stock, payable on September 7, 2010,
to shareholders of record as of August 16, 2010. This is a 2-cent,
or 16.7%, increase over the 12-cent dividend paid in the second
quarter of 2010. The previous dividend increase was in August 2009,
when the Board raised the dividend from 6-cents to 12-cents per
share. This represents the 157th consecutive quarterly dividend
paid by Chemed in its 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 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.
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