Board Declares Quarterly Dividend
CINCINNATI--(BUSINESS WIRE)--May. 29, 2009--
Stockholders of Chemed Corporation (NYSE:CHE) today elected all
of the Company’s Board of Director nominees, including nine incumbent
directors and two new directors, Ernest J. Mrozek and Thomas P. Rice, at
the Company’s Annual Meeting of Stockholders.
In commenting on the election, the Company said, “Chemed is pleased that
its stockholders have elected all of the Company’s director nominees.
Chemed’s Board is committed to creating long-term value and will
continue to regularly review the Company’s business structure and
strategy, as well as opportunities for strategic transactions.”
At the Annual Meeting stockholders also ratified the continuation of
PricewaterhouseCoopers LLP as the Company’s independent accountants for
Following the Annual Meeting, Chemed’s Board of Directors declared a
quarterly cash dividend of 6 cents per share on the Company’s capital
stock, payable on June 12, 2009, to stockholders of record June 8, 2009.
This represents the 152nd consecutive quarterly dividend paid
to stockholders in Chemed’s 38 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.
Forward Looking Statements
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
David P. Williams, 513-762-6901
Frank, Wilkinson Brimmer Katcher
Andy Brimmer / Andrew Siegel,