Chemed Corporation Holds Annual Shareholders’ Meeting; Board Declares Quarterly Dividend
May 16 2011 - 3:04PM
Business Wire
Shareholders of Chemed Corporation (NYSE:CHE) today elected a
slate of 10 directors at the Company’s 2011 annual shareholders’
meeting. Each of the directors continues from the prior term.
Shareholders ratified the continuation of PricewaterhouseCoopers
LLP as the Company’s independent accountants for 2011. In addition,
shareholders approved Chemed’s executive compensation and
recommended an advisory vote be conducted on an annual basis.
Dividend Declared
Following the shareholders’ meeting, Chemed’s Board of Directors
declared a quarterly cash dividend of 14 cents per share on the
Company’s capital stock, payable on June 15, 2011, to shareholders
of record May 26, 2011. This represents the 160th consecutive
quarterly dividend paid to shareholders in Chemed’s 40 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.
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