Chemtrade Logistics Income Fund (CHE) to Post FY2017 Earnings of $0.51 Per Share, National Bank Financial Forecasts
Chemtrade Logistics Income Fund (TSE:CHE) – Analysts at National Bank Financial reduced their FY2017 earnings estimates for shares of Chemtrade Logistics Income Fund in a research note issued to investors on Sunday. National Bank Financial analyst T. Johnson now forecasts that the company will post earnings per share of $0.51 for the year, down from their previous estimate of $0.56. National Bank Financial has a “Outperform Market Weight” rating on the stock. National Bank Financial also issued estimates for Chemtrade Logistics Income Fund’s FY2018 earnings at $1.08 EPS.
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The firm also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Monday, July 31st will be issued a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Thursday, July 27th.
Chemtrade Logistics Income Fund Company Profile
Chemed Corporation purchases, operates and divests subsidiaries engaged in various business activities. The Company operates through two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). The Company’s VITAS provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers.
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