Chemed Corporation Board of Directors Authorizes an Additional $300 Million for Stock Repurchase and Declares Quarterly Dividend of 60 Cents
Group 1 - Chemed Corporation's Board of Directors has authorized an additional $300 million for stock repurchase under the existing share repurchase program, funded through operational cash and a revolving credit facility [1] - The company declared a quarterly cash dividend of 60 cents per share, payable on March 13, 2026, to shareholders of record as of February 23, 2026, marking the 219th consecutive quarterly dividend in its 54 years as a public company [2] - Chemed operates two wholly owned subsidiaries: VITAS Healthcare, the largest provider of end-of-life hospice care in the U.S., and Roto-Rooter, the leading provider of plumbing and drain cleaning services [3]