Chemed Corporation (CHE) to Distribute Quarterly Dividend of $0.70 on September 3rd

Chemed Corporation (NYSE:CHE) announced a quarterly dividend on Thursday, August 6th. Shareholders of record on Monday, August 17th will be given a dividend of 0.70 per share on Thursday, September 3rd. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, August 17th. This is a 16.7% increase from Chemed’s previous quarterly dividend of $0.60.

Chemed has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 16 consecutive years. Chemed has a dividend payout ratio of 8.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Chemed to earn $25.45 per share next year, which means the company should continue to be able to cover its $2.40 annual dividend with an expected future payout ratio of 9.4%.

Chemed Trading Up 0.5%

Shares of Chemed stock opened at $552.28 on Friday. The firm’s 50 day simple moving average is $477.97 and its two-hundred day simple moving average is $439.84. The firm has a market capitalization of $7.22 billion, a price-to-earnings ratio of 27.74, a PEG ratio of 2.08 and a beta of 0.51. Chemed has a 12-month low of $365.20 and a 12-month high of $553.00. The company has a current ratio of 0.91, a quick ratio of 0.89 and a debt-to-equity ratio of 0.17.

Chemed (NYSE:CHE) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $6.06 EPS for the quarter, topping the consensus estimate of $5.60 by $0.46. Chemed had a net margin of 10.60% and a return on equity of 31.77%. The business had revenue of $673.25 million during the quarter, compared to the consensus estimate of $665.04 million. During the same period in the previous year, the firm posted $4.27 earnings per share. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. Chemed has set its FY 2026 guidance at 25.000-25.750 EPS. Analysts predict that Chemed will post 23.18 EPS for the current year.

Chemed Company Profile

Chemed Corporation is a diversified provider of essential home services and healthcare solutions in the United States. Headquartered in Cincinnati, Ohio, the company operates through two principal business segments—Roto-Rooter and Vitas Healthcare. Since its founding in 1974, Chemed has built a reputation for reliability and expertise, serving both residential and commercial customers across a broad range of markets.

The Roto-Rooter segment offers a comprehensive suite of plumbing, drain cleaning and water restoration services.