Chemed Corporation (CHE) will raise its dividend by 9.1 percent to $0.24 quarterly. The indicated dividend yield is 0.6%. This marks the 7th consecutive year of dividend increases by the company.

Chemed Corporation operates through two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). The Company's VITAS provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. VITAS is the provider of hospice services in an industry dominated primarily by small, non-profit, community-based hospices.