Chemed Corp. Announces Quarterly Dividend of $0.20 (CHE)
Chemed Corp. (NYSE:CHE) announced a quarterly dividend on Friday, February 21st, StockRatingsNetwork reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.20 per share on Monday, March 24th. This represents a $0.80 annualized dividend and a dividend yield of 0.97%.
On a related note, analysts at Zacks upgraded shares of Chemed Corp. from a “neutral” rating to an “outperform” rating in a research note on Thursday. They now have a $85.90 price target on the stock.
Shares of Chemed Corp. (NYSE:CHE) traded up 0.38% on Friday, hitting $82.61. 230,821 shares of the company’s stock traded hands. Chemed Corp. has a 1-year low of $61.68 and a 1-year high of $86.24. The stock has a 50-day moving average of $77.79 and a 200-day moving average of $73.66. The company has a market cap of $1.457 billion and a price-to-earnings ratio of 19.19.
Chemed Corporation (NYSE:CHE) purchases, operates and divests subsidiaries engaged in diverse business activities.
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