Chemtrade Logistics Income Fund (CHE) to Post FY2017 Earnings of $0.51 Per Share, National Bank Financial Forecasts
Chemtrade Logistics Income Fund (TSE:CHE) – Investment analysts at National Bank Financial decreased their FY2017 earnings per share estimates for shares of Chemtrade Logistics Income Fund in a report released on Sunday. National Bank Financial analyst T. Johnson now forecasts that the company will post earnings of $0.51 per share for the year, down from their previous estimate of $0.56. National Bank Financial currently has a “Outperform Market Weight” rating on the stock. National Bank Financial also issued estimates for Chemtrade Logistics Income Fund’s FY2018 earnings at $1.08 EPS.
The business also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Monday, July 31st will be given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date is Thursday, July 27th.
About Chemtrade Logistics Income Fund
Chemed Corporation purchases, operates and divests subsidiaries engaged in various business activities. The Company operates through two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). The Company’s VITAS provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers.
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