Chemed Corporation (CHE) to Issue Quarterly Dividend of $0.60 on June 16th

Chemed Corporation (NYSE:CHE) declared a quarterly dividend on Monday, May 18th. Shareholders of record on Thursday, May 28th will be given a dividend of 0.60 per share on Tuesday, June 16th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, May 28th.

Chemed has raised its dividend payment 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 8.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Chemed to earn $25.48 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 Stock Performance

CHE opened at $439.70 on Tuesday. The firm has a market cap of $5.83 billion, a P/E ratio of 23.96, a PEG ratio of 1.65 and a beta of 0.54. Chemed has a 1-year low of $365.20 and a 1-year high of $581.20. The company has a 50 day simple moving average of $401.07 and a two-hundred day simple moving average of $424.94. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.85 and a quick ratio of 0.83.

Chemed (NYSE:CHE) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $5.65 earnings per share for the quarter, topping analysts’ consensus estimates of $5.30 by $0.35. Chemed had a net margin of 10.23% and a return on equity of 27.18%. The business had revenue of $657.51 million during the quarter, compared to analyst estimates of $659.22 million. During the same period in the prior year, the business posted $5.63 earnings per share. The company’s revenue was up 1.6% on a year-over-year basis. Chemed has set its FY 2026 guidance at 24.000-24.75 EPS. Equities analysts forecast that Chemed will post 22.3 earnings per share 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.