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Chemed Corporation Holds Annual Shareholdersa? Meeting; Board Declares Quarterly Dividend

^{Published on 2010-05-17 12:25:11 - Market Wire}
 

CINCINNATI--([ BUSINESS WIRE ])--Shareholders of Chemed Corporation (NYSE:CHE) today elected a slate of 10 directors at the companya™s 2010 annual shareholdersa™ meeting. Each of the directors continues from the prior term.

Shareholders also adopted the companya™s 2010 Stock Incentive Plan and ratified the continuation of PricewaterhouseCoopers LLP as the companya™s independent accountants for 2010.

Dividend Declared

Following the shareholdersa™ meeting, Chemeda™s Board of Directors declared a quarterly cash dividend of 12 cents per share on the companya™s capital stock, payable on June 16, 2010, to shareholders of record May 27, 2010. This represents the 156th consecutive quarterly dividend paid to shareholders in Chemeda™s 39 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 nationa™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.