Chemed Corporation(NYSE:CHE) Declares Dividend of $0.2600.

Chemed Corporation (NYSE:CHE) had declared a cash dividend of $0.2600 on Aug 5, 2016. The shares will quote ex-dividend on Aug 11, 2016 and the record date has been fixed for Aug 15, 2016. On Aug 5, 2016 share price, the yield comes out to be 0.7235%. The dividend payable date has been fixed on Sep 2, 2016.

Chemed Corporation (CHE) shares turned negative on Wednesdays trading session with the shares closing down -0.67 points or -0.50% at a volume of 79,020. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $134.46. The peak price level was also seen at $134.46 while the days lowest was $131.7901. Finally the shares closed at $132.99. The 52-week high of the shares is $160.12 while the 52-week low is $124.77. According to the latest information available, the market cap of the company is $2,153 M.

Chemed Corporation(CHE) last announced its earnings results on Jul 25, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $390.41M. Analysts had an estimated revenue of $393.50M. Earnings per share were $1.80. Analysts had estimated an EPS of $1.72.

Several Insider Transactions has been reported to the SEC. On Aug 4, 2016, Kevin J Mcnamara (president and CEO) sold 18,000 shares at $144.87 per share price.Also, On May 17, 2016, Donald E Saunders (director) purchased 77 shares at $126.53 per share price.On Mar 22, 2016, Spencer S Lee (executive vice president) sold 24,382 shares at $132.56 per share price, according to the Form-4 filing with the securities and exchange commission.

Chemed Corporation (Chemed) purchases operates and divests subsidiaries engaged in diverse business activities. The Company operates its business in two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). The Company’s VITAS segment provides hospice and palliative care services to its patients through a network of physicians registered nurses home health aides social workers clergy and volunteers. VITAS and Innovative Hospice Care are trademarks and service marks of VITAS Healthcare Corporation a wholly owned indirect subsidiary of the Company. The Company’s Roto-Rooter segment provides plumbing and drain cleaning services to both residential and commercial customers. The Roto-Rootera trademarks and service marks are used and advertised by Roto-Rooter Corporation a wholly owned indirect subsidiary of the Company. The Company operates through two wholly owned subsidiaries: VITAS Healthcare Corporation and Roto-Rooter Group Inc.

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