Chemed Corporation Plans Quarterly Dividend of $0.60 (NYSE:CHE)

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) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, May 28th.

Chemed has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 16 consecutive 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 $25.48 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

Chemed stock opened at $441.90 on Tuesday. Chemed has a 52 week low of $365.20 and a 52 week high of $583.96. The company’s 50 day moving average price is $397.32 and its two-hundred day moving average price is $425.14. The company has a quick ratio of 0.83, a current ratio of 0.85 and a debt-to-equity ratio of 0.11. The stock has a market cap of $5.86 billion, a P/E ratio of 24.08, a P/E/G ratio of 1.63 and a beta of 0.54.

Chemed (NYSE:CHE) last posted its earnings results on Thursday, April 23rd. The company reported $5.65 EPS for the quarter, topping the consensus estimate of $5.30 by $0.35. Chemed had a net margin of 10.23% and a return on equity of 27.18%. The firm had revenue of $657.51 million for the quarter, compared to analysts’ expectations of $659.22 million. During the same quarter last year, the firm earned $5.63 EPS. The company’s quarterly 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. On average, equities analysts predict that Chemed will post 22.3 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.