Chemed Corporation Holds Annual Meeting of Shareholders; Board Declares Quarterly Dividend
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Chemed Corporation Holds Annual Meeting of Shareholders; Board Declares Quarterly Dividend

CINCINNATI--(BUSINESS WIRE)--May 21, 2018-- Shareholders of Chemed Corporation (NYSE:CHE) today elected a slate of 10 directors at the Company’s 2018 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 2018. Shareholders also approved Chemed’s executive compensation and the 2018 Stock Incentive Plan. In addition, shareholders voted in favor of management’s recommendation to reject the shareholder proposal to amend the Company’s current proxy access bylaws.

Dividend Declared

Following the shareholders’ meeting, Chemed’s Board of Directors declared a quarterly cash dividend of 28 cents per share on the Company’s capital stock, payable on June 20, 2018, to shareholders of record as of May 31, 2018. This represents the 188th consecutive quarterly dividend paid to shareholders in Chemed’s 47 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.

Source: Chemed Corporation

Chemed Corporation
David P. Williams, 513-762-6901

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