Chemed Corporation (NYSE:CHE) to Issue $0.60 Quarterly Dividend

Chemed Corporation (NYSE:CHE) announced a quarterly dividend on Monday, May 18th. Stockholders of record on Thursday, May 28th will be paid 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 increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 16 consecutive years. Chemed has a payout ratio of 8.7% indicating that its dividend is sufficiently covered by earnings. 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 Price Performance

CHE stock opened at $441.90 on Tuesday. The firm has a 50 day moving average of $397.32 and a 200-day moving average of $425.14. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11. Chemed has a 12 month low of $365.20 and a 12 month high of $583.96. The firm has a market capitalization of $5.86 billion, a P/E ratio of 24.08, a price-to-earnings-growth ratio of 1.63 and a beta of 0.54.

Chemed (NYSE:CHE) last released its quarterly earnings data on Thursday, April 23rd. The company reported $5.65 EPS for the quarter, beating 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 company had revenue of $657.51 million during the quarter, compared to analyst estimates of $659.22 million. During the same period last year, the business earned $5.63 earnings per share. Chemed’s revenue was up 1.6% compared to the same quarter last year. Chemed has set its FY 2026 guidance at 24.000-24.75 EPS. As a group, sell-side analysts predict 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.