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NEW YORK ( TheStreet) -- The ex-dividend date for Chemed Corporation (NYSE: CHE) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $55.69 as of 9:30 a.m. ET, the dividend yield is 1.1%. The average volume for Chemed has been 206,700 shares per day over the past 30 days. Chemed has a market cap of $1.07 billion and is part of the health care sector and health services industry. Shares are up 8.7% year to date as of the close of trading on Thursday. Chemed Corporation, through its subsidiaries, provides hospice care, and plumbing and drain cleaning services in the United States. The company operates in two segments, Vitas and Roto-Rooter. The company has a P/E ratio of 12.9, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.