Chemed Corporation Approves $300 Million Stock Buyback and Raises Quarterly Dividend to 60 Cents

Chemed Corporation's Board Approves $300 Million Share Buyback and Increases Quarterly Dividend to 60 Cents CINCINNATI—(BUSINESS WIRE)—Chemed Corporation (NYSE: CHE) announced today that its Board of Directors has approved an additional $300 million allocation for stock repurchases under the company's existing buyback program. These repurchases will be financed through operational cash flows and the company's revolving credit facilities. Additionally, the Board declared a quarterly cash dividend of 60 cents per share, payable on August 29, 2025, to shareholders recorded as of August 11, 2025. This dividend represents a 10-cent increase from the previous 50 cents paid in June 2025, marking a 20% rise. The last dividend increase occurred in August 2024, when the payout was raised from 40 to 50 cents per share. This marks Chemed's 217th consecutive quarterly dividend over its 54-year history as a public company. Headquartered in Cincinnati, Ohio, and listed on the New York Stock Exchange, Chemed operates through two wholly owned subsidiaries: VITAS Healthcare, the nation's largest provider of hospice care, and Roto-Rooter, the leading plumbing and drain cleaning service provider. ...