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

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

Chemed has increased 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 payout ratio of 10.2% 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 $2.80 annual dividend with an expected future payout ratio of 11.0%.

Chemed Price Performance

Shares of NYSE:CHE opened at $533.83 on Friday. Chemed has a 1-year low of $365.20 and a 1-year high of $557.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.91 and a quick ratio of 0.89. The business has a fifty day moving average price of $489.13 and a 200-day moving average price of $442.99. The company has a market capitalization of $6.98 billion, a PE ratio of 26.81, a PEG ratio of 2.03 and a beta of 0.51.

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