Chemed Corporation Holds Annual Meeting of Shareholders; Board Declares Quarterly Dividend
May 20 2019 - 1:59PM
Business Wire
Shareholders of Chemed Corporation (NYSE:CHE) today elected a
slate of 10 directors at the Company’s 2019 annual shareholders’
meeting. Each of the directors continues from the prior term.
Shareholders ratified the continuation of PricewaterhouseCoopers
LLP as the Company’s independent accountants for 2019 and approved
Chemed’s executive compensation. In addition, shareholders voted in
favor of management’s recommendation to reject the shareholder
proposal requesting a semi-annual report on the Company’s policies
on political spending and political contributions made.
Dividend Declared
Following the shareholders’ meeting, Chemed’s Board of Directors
declared a quarterly cash dividend of 30 cents per share on the
Company’s capital stock, payable on June 19, 2019, to shareholders
of record as of May 30, 2019. This represents the 192nd consecutive
quarterly dividend paid to shareholders in Chemed’s 48 years as a
public company.
Listed on the New York Stock Exchange and headquartered in
Cincinnati, Ohio, Chemed Corporation (www.chemed.com) operates two
wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter. VITAS
is the nation's largest provider of end-of-life hospice care, and
Roto-Rooter is the nation’s leading provider of plumbing and drain
cleaning services.
Statements in this press release or in other Chemed
communications may relate to future events or Chemed's future
performance. Such statements are forward-looking statements and are
based on present information Chemed has related to its existing
business circumstances. Investors are cautioned that such
forward-looking statements are subject to inherent risk and that
actual results may differ materially from such forward-looking
statements. Further, investors are cautioned that Chemed does not
assume any obligation to update forward-looking statements based on
unanticipated events or changed expectations.
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David P. Williams(513) 762-6901
Chemed (NYSE:CHE)
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