CORRECTING and REPLACING Chemed Corporation Increases Quarterly Dividend
August 08 2011 - 11:50AM
Business Wire
Shareholders of record date in first graph, first sentence of
release should read: August 18, 2011 (sted August 16, 2011).
The corrected release reads:
CHEMED CORPORATION
INCREASES QUARTERLY DIVIDEND
Chemed Corporation (NYSE:CHE) announced today that the Board of
Directors has declared a quarterly cash dividend of 16-cents per
share on the Company’s capital stock, payable on September 6, 2011,
to shareholders of record as of August 18, 2011. This is a 2-cent,
or 14.3%, increase over the 14-cent dividend paid in the second
quarter of 2011. The previous dividend increase was in August 2010,
when the Board raised the dividend from 12-cents to 14-cents per
share. This represents the 161st consecutive quarterly dividend
paid by Chemed in its 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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