Chemed Corporation Increases Quarterly Dividend by 14.3% to $0.16

Chemed Corporation CHE announced today that the Board of Directors has declared a quarterly cash dividend of 16-cents per share on the Company's capital stock, payable on September 6, 2011, to shareholders of record as of August 16, 2011. This is a 2-cent, or 14.3%, increase over the 14-cent dividend paid in the second quarter of 2011. The previous dividend increase was in August 2010, when the Board raised the dividend from 12-cents to 14-cents per share. This represents the 161st consecutive quarterly dividend paid by Chemed in its 40 years as a public company.