Chemed Stock To Go Ex-dividend Tuesday (CHE)

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.

TheStreet Ratings rates Chemed as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Chemed Ratings Report.

See our dividend calendar or top-yielding stocks list.

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