Chemed Corporation (NYSE:CHE) Announces Dividend Increase – $0.70 Per Share

Chemed Corporation (NYSE:CHE) declared a quarterly dividend on Thursday, August 6th. Investors 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 increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 16 years. Chemed has a dividend payout ratio of 8.7% indicating that its dividend is sufficiently covered by earnings. Equities 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 Stock Up 0.5%

Chemed stock opened at $549.01 on Friday. The firm has a 50 day simple moving average of $475.46 and a 200 day simple moving average of $439.05. 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 has a 1-year low of $365.20 and a 1-year high of $551.74. The firm has a market capitalization of $7.18 billion, a price-to-earnings ratio of 27.57, a P/E/G ratio of 2.07 and a beta of 0.51.

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