Chemed Keeps Dividend Steady

Chemed (NYSE: CHE  ) has decided to maintain its quarterly dividend policy, at least for the moment. The company announced it will distribute $0.18 per share of its stock on June 19 to shareholders of record as of May 30. This amount matches the firm's previous three disbursements, the most recent of which was handed out in March. Prior to that, Chemed paid $0.16 per share.

The company is a reliable and frequent dividend payer. Over the past few years, it has tended to lift its payout once every four quarters.

The new dividend annualizes to $0.72 per share. That yields 1.1% at Chemed's current stock price of $68.33.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2442921, ~/Articles/ArticleHandler.aspx, 4/19/2014 10:35:11 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement