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

Chemed Corporation (NYSE:CHE) declared a quarterly dividend on Thursday, August 6th. Stockholders 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 is Monday, August 17th. This is a 16.7% increase from Chemed’s previous quarterly dividend of $0.60.

Chemed has raised its dividend by an average of 0.1%annually 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 research analysts expect Chemed to earn $25.45 per share next year, which means the company should continue to be able to cover its $2.40 annual dividend with an expected future payout ratio of 9.4%.

Chemed Price Performance

Shares of Chemed stock opened at $549.01 on Friday. The firm has a market capitalization of $7.18 billion, a PE ratio of 27.57, a price-to-earnings-growth ratio of 2.07 and a beta of 0.51. 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 12 month low of $365.20 and a 12 month high of $551.74. The business’s 50-day moving average price is $475.46 and its 200-day moving average price is $439.05.

Chemed (NYSE:CHE) last released its earnings results on Tuesday, July 28th. The company reported $6.06 earnings per share for the quarter, topping analysts’ consensus estimates of $5.60 by $0.46. The company had revenue of $673.25 million during 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%.Chemed’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.27 EPS. Chemed has set its FY 2026 guidance at 25.000-25.750 EPS. Sell-side analysts forecast 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.